If you are a member of the press…
We are happy to speak with you in more detail. Please feel free to contact us.
You may also consider contacting the ignite Indiana program and/or the Indiana Credit Union League for further guidance.
Sparks of Interest…
Indiana Credit Union League’s ignite initiative is making progress, and innovations begun at the start of the year by the ignite working group are ready to be implemented in credit unions, says the league. Several Indiana credit unions have committed to offering the innovations, and working-group members are seeking additional credit unions to adopt them, the league said. [CUNA.org ~ Indiana ignite initiative ready for CU adoption: 12/02/2008]
Six credit unions in Indiana have launched a cool looking program that helps members save when getting a car loan. Not only does the program help your members build up their savings, it has the additional impact of increasing the CU’s deposit balances. | Topic: AutoSavings/DriveUp Savings [EverythingCUMarketing: 10/16/2008]
A coalition of Indiana CUs have developed a new automatic savings product tied to auto loans called DriveUp Savings. With the account, you can contribute . . . | New automatic savings plan tied to auto loans [The Financial Brand: 10/14/2008]
Taped Crusaders – project name: Drive Up Savings – Please check out their web site describing their innovation project. They are piggybacking off of one of the Filene i3 group’s projects called Auto Savings. One of the exciting differences is offering the same interest rate on the savings account as the auto loan. Yes, you read that right – the same rate. Check out their site and click on financials for the specifics. | ignite innovation projects [Forum Solutions].
Working Group Members
- Brian Wilkerson – Kemba CU; VP, COO
- Chad Gramling – Three Rivers FCU; Deposit Product Manager
- Joe Hasto – Eli Lilly FCU; CFO
- Evelyn Royer – Purdue EFCU; VP Risk Mgmt/Support Svcs
- Michelle Peterson – Marion School CU; Marketing Manager
About The Taped Crusaders and the ignite Program
The Taped Crusaders, who produced this site and implementation program, is a working group of the ignite Indiana program. ignite provides a forum for new idea exchange/implementation, collaboration and networking for Indiana’s credit union leaders and emerging leaders. An emphasis will be placed on implementing ideas and projects at Indiana credit unions and developing a track record of results. The success of the Filene Research Institute’s i3 initiative has fueled the quest for an extended program that can operate and implement at the state level. The presence of talented members of Filene’s i3 group from Indiana is an added incentive to create a statewide program whose purpose is tied to enhancing the success of Hoosier credit unions.
