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Do you know of a credit union who is looking for a new core system?

Refer a credit union to Sharetec and we will send you a delicious box of chocolates from Daniela's.

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SelectECU SuzieBranch ILconventionwinner
Suize Branch, Select Employees CU with Judy Fleming from Sharetec

During the 2017 Illinois Credit Union League Convention this week, Sharetec held a special drawing. Any credit union who stopped by Sharetec’s booth and filled out a form had the chance to guess how much money was in our money jar. The credit union who guest closest to the actual amount wins all the money! Congratulations to Suzie Branch with Select Employees Credit Union!

DanielleHelping Members Who Are Struggling
Guest Blogger: Danielle Hilbert (Natzke)
Mortgage/Loan Officer
Health Care Credit Union, Oshkosh, WI

One thing I have found to help members that are struggling is to take advantage of the multiple share accounts available on the Sharetec system. I like to use it as a budgeting tool for members, showing them how to manage their money better. 

We sit down and review all of their monthly bills and break them down onto a spreadsheet to see how much money needs to be set aside from each paycheck. Then for each bill we open a share account. We use Sharetec’s Payroll Deduction feature to disburse their money into these sub-accounts. When members see how much money they have left for spending, they are amazed.   

Aside from using this tool for budgeting purposes, we also use the same philosophy when doing loans or helping struggling members. Going through the members credit report, helping them consolidate their loans, and using these sub-savings accounts, is a great tool to help members put money away to pay off high interest debt or collections.

Teaching and assisting members to budget and save their money helps create life-long relationships with their financial institution, and these members are also the ones advocating for your credit union in the community and helping bring in new members.

Taking time with your members not only helps them, but also helps your credit union.

Invest48 2017 logo
This year’s InVest48 Conference is quickly approaching—and Sharetec will be there to welcome you at Booth 110!

On April 17–19, hundreds of Credit Union CEOs, board members and business leaders will gather at the Hilton Columbus Downtown to network and share invaluable information amongst a flurry of industry-related activity. Check out the extensive list of Credit Unions who will be attending at www.invest48.com under the “CUs Coming” tab.

InVest48 is all about creating stronger Credit Unions, and their robust agenda is designed to equip you with what you need to successfully dig in and “do” what needs to be done now, as well as “think” and plan for the future. Participants will learn how to tackle current challenges as they gain strategic insight into what’s ahead for the industry. Additionally, there will be numerous opportunities to connect with peers and business partners and learn how to better serve members both now and into the future. 

We are anticipating a highly successful event, filled with so many great opportunities for financial institutions of all sizes. The motivation alone is always a great catalyst to jump-start Credit Unions as they identify opportunities for increased growth and profitability and reach for a new level of success! 

Don’t miss your chance to meet our Sharetec representatives, who will share the best of what our software has to offer and immediately answer your most pressing questions. We look forward to a worthwhile event jam-packed with inspiration and fun for all. Remember to stop by Sharetec Booth #110—we look forward to seeing you at Invest48!

 

Comfortable Sharetec
While most employees like to get out of the building and away from their desks for a while, how many would actually prefer learning something new in an unfamiliar environment? 

Sharetec understands how your Credit Union employees may appreciate the little things—the view from a familiar office window, the smell of their office coffee maker brewing the morning joe, and the comfort and ease of on-site learning. That’s why Sharetec makes it possible for you to effectively facilitate your staff training within your own “home” with Training Database—a handy feature that affords the convenience of in-house training. 

Sharetec comes equipped with a secondary database—a mirror of your live database—that lets your employees learn and explore the system at their own pace, and in familiar surroundings. It enables staff members to acquaint themselves with the Sharetec system while utilizing the virtual copy of your database. This convenient setup offers you a safe, secure, and effective way to train your new employees, as well as cross-train your seasoned staff, all while remaining within an environment that they’re accustomed to, surrounded by “all the comforts of home.”