Millennial Vision Inc. of Salt Lake City has won a commitment from the $624 million Michigan First Credit Union in the Detroit suburb of Lathrup Village for a new electronic document management software system.
Even though affinity card issuing may have a become a more difficult regulatory and economic challenge, some credit unions have begun to find payments success by launching affinity card rewards programs, credit union card executives report.
The $624 million Michigan First Credit Union has signed with Millennial Vision Inc. for a new electronic document management software system.
Corelation to provide round-the-clock service.
The $620 million Michigan First Credit Union of Lathrop Village is enjoying a burst of new card business–700 applications a month–from a rewards program stressing statewide tourism and patronage of local businesses.
Check out our second quarterly Not for CEOs event, held Monday at the ACUC, when we tackled technology.
Michigan First Credit Union seeing burst of new card business – 700 applications a month – from a rewards program stressing statewide tourism, local businesses.
The first Not for CEOs event was videotaped live at the CUNA GAC Conference in March 2012 in Washington.
Come 2030, credit unions will be in business serving up some kind of financial services, essentially one generation removed from today. However, getting there will be as wrenching—as full of dislocations and pains—as was the shift from 1950s-style credit unions with no share drafts into today’s full-service financial supermarkets.
In this print preview from next week's edition, experts look at what the industry may look like a generation from now.