CU DIRECT CORPORATION ACKNOWLEDGES CREDIT UNIONS FOR ACHIEVEMENTS IN LENDING
Chicago, Illinois, Friday, May 18, 2012 -- CU Direct Corporation (www.cudirect.com), parent for the CUDL, Lending Insights, Lending 360, CUDL Retail and Vero brands has announced the winners of their 2012 Best Practices Awards. The awards, which have recognized credit unions accomplishments in lending for more than 10 years, were presented in front of more than 250 credit union attendees and guests during the CUSO’s annual credit union lending conference, held this week at The Westin Chicago River North, in Chicago, Illinois.
A highlight during the two day conference, the event’s Awards Dinner recognized seven credit unions for their exemplary lending practices and success in 2011. During the dinner, five credit unions were awarded by CU Direct for their best practices in four categories: Business Development and Dealer Relations, Portfolio Management, Capturing Member Loans, and Remarketing and Collections. Two credit unions were also awarded the CU Direct Diamond Award for their overall excellence and success in the lending marketplace.
In the category of Business Development and Dealer Relations, Seattle, Washington’s Prevail Credit Union and Hermantown, Minnesota-based Hermantown Federal Credit Union were presented with the CU Direct Best Practice Award. Tampa, Florida-based GTE Federal Credit Union was honored with a Best Practice Award for its success in the category of Portfolio Management.
For their success in the category of Capturing Member Loans, Pleasanton, California’s 1st United Services Credit Union was presented with the Best Practice Award. Riverdale, Utah-based America First Credit Union was honored for its accomplishments in the category of Remarketing and Collections.
Rounding out the evening’s awards, CU Direct recognized Olympia, Washington’s WSECU (Washington State Employees Credit Union) and Poughkeepsie, New York-based Hudson Valley Federal Credit Union with the CU Direct Diamond Award for their continued success in advancing their lending programs and championing the importance of a credit union-owned delivery channel.
“We greatly appreciate the hard work and dedication our credit union partners put into their lending programs, and recognizing their achievements each year is our way of saying thank you,” said Tony Boutelle, President and CEO of CU Direct. “Their accomplishments provide all of our credit unions with the best practices that will contribute to the overall value and success of their loan programs.”
CU Direct’s annual lending conference provides attendees with the latest industry thinking and perspectives on the lending marketplace, and covering a broad spectrum of industry topics, from business intelligence, portfolio management, and CU efficiencies, to marketing, risk management, and more.
The CUSO has announced that its 2013 lending conference will take place in Las Vegas, Nevada, at the Cosmopolitan Hotel and Resort, May 22-23, 2013.
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About CU Direct Corporation
Established in 1994, CU Direct Corporation is the credit union industry’s foremost provider of leading lending solutions. Parent to the CUDL, Lending Insights, Lending 360 , Vero and CUDL Retail brands, CU Direct Corp. offers a diverse, extensive library of products and services designed to help credit unions advance their lending programs and achieve overall portfolio success. For more information about CU Direct Corporation’s brands and full range of best-in-class lending products and services visit www.cudirect.com.