For the first time in over four years, trying to keep up with the Affordable Care Act’s mandates isn’t consuming all of our benefits energy. There are still many mandates to fill and new pieces to incorporate, but at this point here at Insurance Trust we have a clearer idea of what’s coming down the pike and it’s more of a stream than an avalanche of new information.
Posts Categorized: News
Insurance Trust has partnered with Thomas Wright, a 36-year veteran of the financial services industry to offer Maine credit unions with an innovative new program for employees turning age 65.
Though it may be a tempting proposition, there is an inherent risk in credit union vendor consolidation as it concerns insurance programs for members.
The Insurance Trust 53rd annual meeting will take place at 2:00 pm on Friday, April 29, 2016 at the DoubleTree Hotel in South Portland, ME. Join us as we celebrate more than half a century of service to the Maine credit union community.
When a member borrows money for a vehicle, it is the credit union’s right to require them to show proof of comprehensive and collision insurance to protect its interest from damage or loss throughout the life of the loan. However, there is no guarantee that the member will keep it in force throughout the entire term. If… Read more »
In the spring of 2014, Insurance Trust launched the first iteration of the My Credit Union Benefits marketplace website. The website was created with the mission of assisting Maine credit union members in making the important decisions necessary to purchase individual health insurance with the recent changes under the Affordable Care Act. The private marketplace… Read more »
Is your credit union offering the very best services to your members? When it comes to due diligence, credit unions are intimately aware that financial stability and ethics both play an important role in the reliability and trustworthiness of a third party member service vendor. Third party vendor due diligence has become vitally important to… Read more »
When it comes to reducing expenses by improving operational efficiency; one of the lesser talked about areas of opportunity for credit unions lies within their equipment maintenance process. The Struggles of Equipment Maintenance When equipment breaks at the branch it creates a chain reaction that sometimes involves everyone from the front-line teller staff to upper… Read more »
During a recent CUNA Lending Council panel discussion, a Washington State auto dealership was asked to state their position on the topic of GAP Insurance and Vehicle Service Contracts offered by credit unions. The dealer’s General Manager, Mary Byrne provided a testimonial that was starkly opposed to credit unions offering these types of ancillary programs at… Read more »
Insurance Trust and CUAlliance are pleased to announce our Spring Lending School to take place on April 11-12, 2016 at America’s Credit Union Museum in Manchester, NH. This event is part of our ongoing Insurance Trust University training initiative and semi-annual live lending school workshop. This focused and informative session is designed for CEOs, executive management, lending managers… Read more »