Strategic Income Solutions (SIS) partners with the nation’s best and most reputable companies to offer expert services to your members and increase the overall value provided to them by your credit union. In today’s modern environment, progressive financial institutions are offering the latest and most comprehensive services to members that enhance overall value and protect what matters most in their lives.
Our partnership with Econocheck offers your financial institution affordable retail checking solutions including value-added benefits, to offer your members and business members, while building non-interest income for your organization each year.
Benefits for Your Organization: Grow membership and evolve with the marketplace Increase fee income and provide more overall value Add to core services with comprehensive, competitive options Provide exceptional service and financial protection to your members
Identity Theft Protection – IDProtect®* Identity Theft Monitoring and Resolution Service - helps to safeguard your members’ identities Retail Savings and $Shopping Rewards™* - provide access to exclusive oﬀers and discounts at thousands of leading online retailers. Protection from the unexpected – featuring Cell Phone Protection**, and Debit Advantage® – Buyer’s Protection and Extended Warranty** Insurance Coverage – Accidental Death and Dismemberment** Health Discount Savings* – including dental, vision and prescription drug savings. This is NOT insurance.
Support and grow your relationships with your business members! Provide additional value by offering a competitive checking account solution that includes financial tools and other valuable benefits to help members manage their everyday business needs and achieve their goals.
FINSYNC Payments Inbox – save time and money by streamlining bill payment processes
Data Breach Solutions – resources to help prepare for and respond to a data breach
Small Business Cyber Monitoring – monitor business information and receive alerts of compromised information
Identity Theft Protection† – up to $1 Million in Identity Theft Insurance, and access to an Identity Fraud Resolution Specialist in the event of a personal identity theft incident
Employee Benefits – retail discounts, rewards, and health discount savings†† for employees of business members
Plus, participating financial institutions will have access to the FINSYNC Lending Network to complement business lending efforts and access more loan options.
These value-added services can truly make an impact on your members’ lives while
evolving your product offerings. Contact SIS today to discuss the ROI your organization and
those itserves will see by partnering with us.
**Special Program Notes: The descriptions herein are summaries only and do not include all terms, conditions and exclusions of the Benefits described. Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions. Coverage is provided through the company named in the Guide to Benefit or on the certificate of insurance.
†Identity Theft Protection services are for personal identity fraud for the business owner and do not cover the business
††This is not insurance. Potential discounts are on vision, prescription and dental services.
Strategic Income Solutions understands that companion animals are more than “just pets”. They are family. And your financial institution cares about your members and their family. That’s why Strategic Income Solutions offers pet insurance from Nationwide® so pets can get the best care possible. Plus, policyholders are free to use any vet, anywhere including specialists and emergency providers.
Here is why Nationwide is the #1 provider of pet insurance in America: Plan options to meet every budget, while using the credit union discount. Receive cash back on eligible vet bills* Easy for your staff and members/consumers to enroll and use More than 1,000,000 pets protected Offering additional benefits including: Unlimited, 24/7 access to a veterinary professional ($150 value) Mobile claim submissions with the free VitusVet app Fast, convenient electronic claim payments Access to newsletters and articles Discounts on hand-picked pet products and services and more!
*Coverage for cruciate ligament injuries begins after 12 months Some exclusions may apply. Certain coverages may be subject to pre-existing exclusion. See policy documents for a complete list of exclusions.
Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which are controlling. Such terms and availability may vary by state and exclusions may apply. Underwritten by Veterinary Pet Insurance Company (CA), Columbus, OH, an A.M. Best A+ rated company (2018); National Casualty Company (all other states), Columbus, OH, an A.M. Best A+ rated company (2018). Agency of Record: DVM Insurance Agency. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. ©2019 Nationwide.
Strategic Income solutions has partnered with Neighborhood Mortgage Solutions to help your financial institution offer Fannie Mae long term fixed rate mortgage products.
Neighborhood Mortgage Solution’s mortgage product offerings include Fixed, FHA, and Rural Development and in many cases, all mortgage functions, including servicing, will be retained by NMS and not sold to another loan servicer with exception of FHA and RD loans, meaning members can make their payments at your financial institution.
Additional features and benefits include:
Licensed in more than 20 states
Monthly servicing income is shared with your financial institution
Origination premium pricing retained by your financial institution for increased income
Check out NMS web site at www.gonms.org. They are a credit union owned mortgage
CUSO serving credit unions.
Strategic Income Solutions has partnered with SWBC to provide Outsourced Collections services to financial institutions looking to reduce operational costs and improve delinquency management. SWBC provides first and third party collections services and can serve your institution at every stage of delinquency—early, mid, and late.
SWBC Outsourced Collections at a Glance:
Scalable program to meet the needs of your institution’s ever-changing delinquency queue.
Expanded calling hours to include evenings and weekends.
Variable-cost model, on average, can help save clients 35-50% annually—compared to a fixed-cost model.
Core integrations help with transmitting delinquency queues and campaign results.
Payments solution available for seamless origination and settlement
SWBC’s collections agents participate in a four-week training program that includes negotiating strategies, customer service best practices, rebuttal tactics, and a review of compliance issues including UDAAP trigger words.
Data security is a critical component of any outsourced service and SWBC takes a proactive approach to protect clients and their borrowers. SWBC has controls in place to meet TCPA, FDCPA, and other regulations. Additionally, they adhere to PCI and NACHA guidelines with regular audits and conduct an annual SSAE 16—SOC 1 Audit.
Whether you want a high-level report, program-level report, or daily activity, SWBC's robust automated reporting gives your institution the insight you need to evaluate productivity and program success. Enjoy report data including:
Number of call attempts
Right party contact rates
Client action reports offering borrower-specific insights
SIS provides full-service resources for checks and check-related products servicing financial institutions nationwide. We are focused on offering a complete line of personal and business items designed to meet the needs of your members.
Award Winning Services
Main Street Checks Member Services has a deep understanding of the challenges facing financial institutions. As the economy and regulatory pressures force change in our industry, it is important to work with a team of experts who know your business and are knowledgeable about your specific check program needs. Our 3-Tier Customer Service System allows us to focus on partner relationships that build trust, confidence and loyalty. Every customer benefits from the collaborative service efforts of a Sales Executive, Account Manager and Client Service Representative:
Great Products and Flexible Pricing
Our programs are geared to meeting your financial institution's needs so you can better satisfy your members while meeting compliance standards.
Simple pricing structure provides program flexibility
Flexible programs to assist with unique needs/requests
120 count per box standards for all styles
No charge for calls to client services, no additional charges for mail-in or fax orders
Industry's most cost effective shipment and no "forced" (theft protection, overnight, first class, etc.) defaults on web-based ordering platforms (always defaulted to standard)
No mass/group charges for return mail
FACT Act compliance built into the web ordering platform
All check designs are Check 21 compliant
ChexSystems access via the web
Lower cost and increased revenue