Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Oklahoma Texas outsourcing deal in the works
TULSA, Okla. (8/15/08)--The Oklahoma Credit Union League is working to complete a partnership and outsourcing plan with the Texas Credit Union League. It will be at least six months before everything is finished, and at least nine months until the league moves to its new headquarters building, Credit Union House, in Oklahoma City, Debra “DJ” Morrow, league interim president/CEO, told News Now. The one-year partnership will allow Oklahoma to partner and outsource credit union assistance, training and education, the Oklahoma Credit Union Foundation and chapter leadership with Texas. The league also expects to gain some back office efficiencies. Oklahoma will maintain its independence as a league, with its own board and staff, Morrow said. “We’re looking forward to implementing the partnership,” she said. “Everyone’s looking forward to seeing what we’ll bring forth.” Dick Ensweiler, president/CEO of the Texas league, said there is a longstanding natural relationship in the southwest between Texas and Oklahoma. "We look forward to concluding the negotiation process and working even close together," he said. "Just as credit unions are finding that outsourcing, partnerships and other types of collaboration generate efficiencies in operations, so do we find that leagues can also benefit this way," he added. Regionalizing leagues makes the most sense, Morrow said. “We will continue to seek partnerships with other leagues.” Oklahoma also will partner with the Missouri Credit Union Association on a volunteer and leadership conference next year. Leagues that Oklahoma contacted for advice on merging were “forthcoming,” Morrow said. “The spirit of cooperation is alive and well in the leagues.” Morrow recently sent a letter to credit union CEOs about the proposed partnership. The letter noted that Oklahoma’s Credit Union House would open next May. Next year is the league’s 75th anniversary, she said. “It’s an appropriate time to open Credit Union House.”


RSS print
News Now LiveWire
#Iowa Housing Authority honors #creditunion's mortgage commitment #NewsNow http://t.co/97me6ziPFa
12 hours ago
Adams to Zimmerman: Don't let your name define your financial decisions via @ndn http://t.co/kPVgQaDFNo
15 hours ago
Calif. ride-sharing law protects #creditunion collateral #NewsNow #System http://t.co/kXAAmbQgKO
16 hours ago
New offices mean moving sale at @TheKCUA https://t.co/xaof5SJkmE
17 hours ago
Existing-home sales slump in August as cash purchases decline @REALTORS
18 hours ago