Credit Unions

Discover a new source of fee income, expand into emerging markets, attract younger members and migrate underbanked individuals to fully-banked members with Cash Banking Solution, presented by the Credit Union Executives Society in partnership with New Market Partners, Atlanta. Tap into the cash banking market and live up to the credit union mission of serving the under-served.

Cash Banking Solution provides a complete program for building and implementing cash banking services. It includes a suite of strategic products and tools including:

  • Prepaid debit cards
  • Full-service check cashing
  • Remittances
  • Bill payment
  • Single retail teller/MSR interface for a quick and easy member experience

These alternative financial services can be implemented individually or as a turnkey program. Customize Cash Banking Solution to fit your organization’s needs with program components, including:

  • Market Analysis and Business Case Development
    • Definition of the market and competitive landscape
    • Branch analysis to quantify the opportunity
    • Product set development
    • Marketing strategies
  • Product aggregation and single branch teller interface
    • Vendor selection
    • Single retail teller/MSR interface for a quick and easy member experience
  • Pre-Launch Implementation
    • Vendor selection
    • Branding and branch design
    • Store operating processes
    • In-store sales and marketing communications
    • Patriot Act and BSA/AML regulatory compliance
    • Grassroots neighborhood marketing plan development
  • Post-Launch Support
    • Goals, incentives and measurement plan
    • Monthly performance monitoring
    • Quarterly benchmarking review
    • Annual re-training program

During each phase of the process, Cash Banking Solution helps you with regulatory compliance, risk management, performance measurement and benchmarking standards, and staff training and support.

For more information, go to the CUES website or call 800.252.2664, ext. 3400.