Salt Lake City, Utah (PRWEB) June 4, 2010
Connect Financial Software Solutions today announced a milestone savings event for Nevada Federal Credit Union. After reviewing the credit union's online channel and Bill Pay configuration, Connect crafted a more efficient solution that will save Nevada Federal more than $200,000 per year. The solution enables the credit union to continue serving its 72,000 online banking members with a robust and active online program.
"With the current economic conditions, improving efficiency and maintaining optimal ROI is critical to our organization," said Charles McCluer, CIO of Nevada Federal Credit Union. "After several years of partnering with Connect for Online Banking and Bill Payment Services, we approached them in a quest to reduce our online banking expenses. Upon completion of their comprehensive analysis, we made a few changes to our Bill Pay structure that reduced our expenditures significantly."
According to Joe Long, Vice President of Connect, "Like many other credit unions in today's challenging environment, Nevada Federal was seeking ways to cut costs without sacrificing service quality. After a review of their online channel and Bill Pay configuration, we developed a solution that resulted in a more efficient program, saving them more than $200,000 annually."
About Nevada Federal
With $761 million in assets and more than 82,000 members, Nevada Federal is one of the largest credit unions in the state of Nevada. Established in 1950, it now offers 23 branches and 65 ATMs statewide.
About Connect Online Banking
Connect Financial Software Solutions, LLC was formed to aid in the development, operations, and management of software solutions for credit unions. With a customer-centric philosophy and cooperative spirit, Connect's goal is to continuously provide credit unions with superior technology and at a reasonable price.
Connect's primary product is a leading-edge Online Banking solution. Available as a hosted or in-house solution, Connect Online Banking offers all the online banking features credit unions want, plus a variety of value-added features. Using Connect, members can open accounts online, receive account alerts, view promotions, utilize mobile online banking, pay bills, and access financial transactions directly from a Personal Financial Manager, such as, Quicken®, or Quickbooks®.
For more information, contact Joe Long at (303) 622-6999. You may also learn more about Connect Financial Software Solutions, LLC by visiting http://www.connectfss.com.
# # #