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May 2012 – Vol. 35 No. 5

Daily Deposit
Bridge Corporates
November 2010 – Vol: 33 No. 11
by Laura Lynch

How long will their service offerings—such as card and ACH processing—be viable? An expert from Cornerstone Advisors suggests looking for other options now.

During a recent CUES Webinar, Bob Roth discussed services offered by bridge corporates—such as card and ACH processing—and suggested that credit unions consider switching to other providers as soon as possible

Managing director of  Cornerstone Advisors, Inc., a CUES Supplier member based in Scottsdale, Ariz., Roth addressed the question on many credit union leaders’ minds: How long do credit unions have to move their services?

“Bridge corporates could be with us for a considerable period—or not,” Roth said during last week’s free CUES Webinar, “Quarterly Slant: Technology News With a Twist.”

“This is what the NCUA says:  ‘Should a bridge corporate’s members decide not to support the plan or another entity not be identified, NCUA is committed to operating th…

Access is available to CUES members, CUES Director/CCUBE members, CUES Supplier members and to subscribers to Credit Union Management magazine.