Tag Archive

Developing World-Class Debt Collectors Collection Education Scholarships Available

Published on March 8, 2017 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – March 7, 2017 – Keeping debt collectors up-to-date with fundamental resources and regulatory changes is one secret of a successful collection department.  With changes to the industry coming from every direction, it can be a challenge to keep staff informed.  Now in its seventh year, the CU Recovery Collection […]

Helping Credit Union Collection Departments Succeed with Educational Sessions & Open Floor Discussions

Published on November 18, 2016 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – November 16, 2016 – CU Recovery’s 2016 Collection Academy was another successful exchange of ideas on how credit unions can increase effectiveness in their collection departments.  The sold-out crowd included participants from credit unions from around the country. Many sent several people to take advantage of the rich content […]

Chris Becker Promoted to COO

Published on September 18, 2016 By Cucolle1

CU Recovery & the Loan Service Center Expansion Continues FOR IMMEDIATE RELEASE WYOMING, MN – September 13, 2016 – Double digit growth over the last year has prompted CU Recovery and The Loan Service Center to add an additional layer of executive management. The newly created Chief Operating Officer position will help to ensure the […]

CU Recovery Collection Academy Announces Scholarships Winners

Published on June 23, 2016 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – June 21, 2016 – CU Recovery and The Loan Service Center, the #1 collection resource for credit unions, is pleased to announce the award of $7,200.00 in scholarships to its Fall 2016 Collection Academy.  8 scholarships were awarded to credit unions based on their submission about the goals of […]

Developing World-Class Debt Collectors – Collection Education Scholarships Available

Published on March 17, 2016 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – March 15, 2016 – Keeping debt collectors up-to-date with relevant practices is the secret of a successful collection department. With regulatory changes coming from every direction, it can be a challenge to keep staff informed. Now in its sixth year, the CU Recovery Collection Academy educational conference represents a […]

Helping Credit Union Collection Departments Succeed with Educational Sessions & Open Floor Discussions

Published on November 19, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – November 16, 2015 – CU Recovery’s 2015 Collection Academy was another successful exchange of ideas on how credit unions can increase effectiveness in their collection departments. The sold out crowd included participants from 55 credit unions representing 18 different states. Many credit unions sent several people to take advantage […]

The Value of Continuing Education Measure Success by the Application of Ideas

Published on August 27, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – August 24, 2015 – One way to measure the success of training and educating employees is to determine the application and effectiveness of their new skills once they return to the workplace. Another is in the loyalty to a particular brand or style of training; one that resonates with […]

CU Recovery Awards $5,000 in Collection Academy Scholarships Recipients will Share Their Entries at Conference

Published on June 18, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – June 15, 2015 – CU Recovery, the #1 collection resource for credit unions, is pleased to announce the award of $5,000.00 in tuition scholarships to its Fall 2015 Collection Academy. 5 scholarships were awarded to small, medium and large credit unions based on their submission about changes that were […]

Measuring Collection Department Results Challenging the Status Quo

Published on May 19, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN May 19, 2015.      Most companies apply performance measurements to evaluate their success at reaching targets, as well as their effectiveness in achieving key business objectives. Credit union collection departments also look at performance indicators to measure recoveries, delinquency levels, and the number of charge offs.  CU Recovery, the leading collection […]

Strong Loan Growth Continues Competitive Pricing Often leads to Increased Bad Debt

Published on April 28, 2015 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN April 27, 2015. Current economic forecasts indicate that loan growth will continue for the rest of 2015 and 2016. CUNA’s Credit Union Trends Report indicates that in February 2015 credit unions increased their loan portfolios by .22% up from .11% in February 2014 and loan balances grew at a 10.9% […]

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