Printer Friendly
The Free Library
18,914,692 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Hoosier Hills Credit Union Offers First Web-based Platform for Overdraft Services to Members.


LOUISVILLE, Ky. -- Louisville, Ky.-based BSG BSG Battlestar Galactica
BSG Broadband Stakeholder Group (UK)
BSG British Society of Gastroenterology (London, UK)
BSG Business Systems Group
BSG Business Solutions Group
BSG Basigin
 Financial, a leading provider of profit-enhancing programs and marketing services to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry, announced that Hoosier Hills Hoosier Hill is the highest point in the state of Indiana at 1,257 feet (383 m). It is in a rural area of Franklin Township, Wayne County to the northwest of Bethel. The nearest intersection to the high point is Elliot Road and County Line Road.  Credit Union in Bedford, Ind IND Investigational new drug Therapeutics A status assigned by the FDA to a drug before allowing its use in humans, exempting it from premarketing approval requirements so that experimental clinical trials may be conducted. See Phase 1.2, 3 studies, Sponsorship. . is the first financial institution to implement the company's newest product release, CourtesyConnect(TM), a Web-based courtesy overdraft A check that is drawn on an account containing less money than the amount stated on the check.

The term overdraft is also used in reference to the condition that exists when vouchers 
 program for financial institutions.

CourtesyConnect provides a cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
, outsourced tool for utilizing BSG Financial's proven overdraft protection services. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 credit union officials, Hoosier Hills Credit Union, with $275 million in assets, chose to implement CourtesyConnect, because it represents an attractive alternative to an in-house overdraft program.

"BSG Financial's CourtesyConnect provides us with the unique ability to outsource our overdraft services, which reduces the costs of both implementing and maintaining an in-house overdraft program," said Mark Fetter, senior vice president, Planning & Project Management for Hoosier Hills Credit Union. "In addition, with CourtesyConnect's collection component, our personnel has the ability to make more contacts with our members, investing less time, yet enjoying more positive collection results."

CourtesyConnect's Web-based software arms Hoosier Hills with a superior management tool for ongoing risk monitoring and reporting as part of an effective collection, analysis and charge-off system. Furthermore, the overdraft protection program has an added accountholder communication component, which is consumer-centric and conservative in its contact and follow-up methodology. This approach ensures responsible accountholder relations and enhanced collections, including response tracking.

Also, because the program is Web-based with a customer relationship focus, Hoosier Hills Credit Union gains instant access to household and account-level information, providing an efficient and effective way to manage risk and make better overdraft payment and refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid.
     2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies
 decisions.

CourtesyConnect makes it easy to utilize BSG Financial's best practices to assist Hoosier Hills Credit Union in complying with all federal guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 regarding overdraft programs. In addition, CourtesyConnect's reporting capabilities support Hoosier Hills Credit Union in meeting regulatory stipulations that require a financial institution to accurately report and track accountholder non-sufficient fund fees. The program is backed by BSG Financial's 100 percent compliance guarantee.

"CourtesyConnect allows Hoosier Hills to give its members an appreciated courtesy overdraft service while generating additional revenue opportunities," said Barrett Nichols, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BSG Financial. "The comprehensive nature of the program results in enhanced member relations, increased revenue and complete compliance--delivered efficiently in a Web-based platform."

About Hoosier Hills Credit Union

Bedford, Ind.-based Hoosier Hills Credit Union serves over 23,000 members in three counties. HHCU is a full-service financial institution, including all consumer products and services as well as Business Services and one of the largest mortgage operations for a credit union its size. For more information about Hoosier Hills, visit www.hoosierhills.com.

About BSG Financial, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 

Louisville, Ky.-based BSG Financial, LLC is a provider of programs and services to the financial industry that help increase profitability, while enhancing customer relations. Its flagship program, the "Responsible Approach" to courtesy overdrafts, is a proprietary courtesy overdraft program, uniquely providing both in-house and outsourced solutions with a conservative approach to customer and risk management, profitability and ongoing technical and customer service. In addition, BSG Financial offers other profit-enhancing programs that increase retail account openings; outsource collections; repair damage caused by identity theft; and reduce institutional costs. BSG Financial is privately owned and has offices in Kentucky, Florida, Texas, Massachusetts and Pennsylvania. For more information about the company, visit www.BSGfinancial.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 29, 2005
Words:553
Previous Article:The New York Times Celebrates Broadway with a Monthlong Campaign for Theatergoers.
Next Article:Newer Technology Offers Incentive for Protecting the Environment with Its New Battery Rebate Program.
Topics:



Related Articles
Daylight overdraft fees and the Federal Reserve's payment system risk policy.
Pentagon Federal Credit Union selects eLynx Web Posting Service-WPS-as new document delivery solution.
Agencies provide consumer information on avoiding overdraft and bounced-check fees.(Announcements)
Proposed amendments published to Regulation DD.(Announcements)(Brief Article)
A matter of interest.(Business)(Credit unions are beginning to offer cheaper alternatives to high-cost payday loans)
Final guidance issued on overdraft protection programs.(Announcements)
Asian Bank Offers First Web-based Courtesy Overdraft Protection Service.
Heritage Federal Credit Union and R.I.A. Federal Credit Union to Implement Open Solutions' Enterprise-Wide Data Processing Suite; Both Ready to Go...
Securityplus Federal Credit Union Selects Open Solutions' Enterprise-Wide Data Processing Suite; Credit Union Ready to Implement Flexible, Adaptable...
State Employees Credit Union Prepares to Implement Open Solutions' Enterprise-Wide Technology Platform; Open Architecture Application to Support...

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles