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Products and Services briefs (03/04/2009)
* DES MOINES, Iowa (3/5/09)--TMG (The Members Group) announced that the TMG Client Conference, originally scheduled for July 13-15, has been postponed until July 12-14, 2010. The company did not give a reason for the postponement … * CHICAGO (3/5/09)--Those attending the 1009 Pricing Institute for Financial Institutions, conducted by Moebs Services at the University of Chicago May 18-22, have an extra incentive. Moebs says it will pay the airfare of attendees registering for the event during March. "We are doing this for two reasons," said CEO Mike Moebs. "This year's Pricing Institute marks the 50th Institute Moebs Services has conducted in the past 25 years, and we wanted to mark the occasion with something special." Also, "we understand the impact today's economic crisis is having on financial institutions--particularly community banks and credit unions. Budgets are under scrutiny, as well they should be." The course is for c-level executives and other managers involved in pricing. This year's focus is "how to price for survival and success." Other topics: pricing fees, attracting small business deposits and lowering prices to increase revenues. … * GRAND RAPIDS, Mich. (3/5/09)--CU*Answers, a credit union service organization (CUSO) that provides data processing solutions to credit unions, announced a new savings tool: Donate Your Dividends. The new automated dividend payment feature allows members to donate part or all of their share product dividends to a charity via a new dividend repayment code. Members select what percentage to donate. The credit union can set up multiple charity choices. It pays the dividends to the member's account, then transfers the designated portion back out of the account and into a designated payable account to be sent to the appropriate charity … * DES MOINES, IOWA (3/5/09)--To get credit union leaders thinking about growth during trying economic times, TMG (The Members Group) has issued a white paper, "Reloadable Cards--It's all in the Marketing," available for download at TMG's website. TMG Director of Product Development Jeff Falk, the paper's author, says reloadable cards are not only a new product for existing members, but a springboard to attract new groups of members--in particular, the travel, teen and underserved markets. "In this climate, creating products for people who don't qualify for traditional checking accounts can be a smart move," Falk said, adding reloadable cards can also be marketed to members in good standing as a budgeting tool …


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