Solutions / Credit Union
Credit Union Recovery Solutions
Increase revenue, reduce costs & streamline operations
Increase revenue, reduce costs & streamline operations
Looking for collection solutions tailored for credit unions? Look no further. Our recovery solutions are uniquely managed and supported by in-house credit union professionals who understand the needs and challenges facing financial institutions today. Whether you’re seeking full-service outsourcing or stage-specific assistance, LCS Financial Services Corporation can provide you with affordable, proactive solutions that increase revenue and efficiencies.
Collection Platform Features
For your Credit Union:
- Full-service outsourcing
- Account specialist dedicated to your daily needs
- Custom reporting – monthly, quarterly or upon request
- 24/7 online access to your accounts
- Comprehensive skip tracing
- Expert consultation on difficult files
- Bankruptcy monitoring
- Nationwide legal referral program
For your members:
- Pre- and post-charge off communication attempts
- Score-cards and phone audits regularly monitor collector performance for member care
- Multilingual representatives and extended call center hours
- Wide variety of member payment options including ACH and location-based cash payments
Benefits to Your Credit Union
- Customized solutions tailored to your credit union
- Increase recoveries faster and more efficiently
- Gain collections expertise, technology, and compliance without investment
- Retain control throughout the process
- Maintain your member relationships
- Gain resources to free-up your staff, allowing them to focus on the business of lending
- One point of contact saves time and increases recoveries