Credit Card Programs – Visa® and MasterCard®

Lending Solutions gives credit unions the capability and flexibility to choose a card program that best fits their needs.

Internal Credit

This program allows credit unions to handle everything on their own, in conjunction with their data processing system, except for plastic production and authorizations and includes in-house online terminals for instant access to all member account information. You control virtually all functions including member service, collections and statement generation.

Self-Administered

With this program, you do the marketing, fund the loans and own the receivables—all while saving money by managing collections, controlling loan losses and handling back-office administration. You decide the terms you want to offer your members.

League Correspondent

Lending Solutions offers this turnkey option for credit unions interested in having our experienced analysts, located in Livonia, Michigan, provide their back office support. This service enables even the smaller asset credit unions to offer credit and debit cards without major staff resource commitment. In addition to local member services, Lending Solutions also offers marketing assistance, accounting support, data entry, account maintenance, security services (chargeback, retrieval and fraud investigation), 24/7 VRU and lockbox/payment processing.

Discover what lending and payment solutions we have for your credit union. Call 800.262.6285 or contact us at info@cucorp.com for more information.

 

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