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Remittances

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Profile Form

 
Credit Union Information

* = required field

New Credit Union:

Current Credit Union Adding a Branch:

Credit Union Name*:

Credit Union's Total Number of Branches*:

Number of Branches to Offer IRnet* (1-10):


Main Location Information

Main Credit Union Phone #*

Main Credit Union Fax #*

Website*

Credit Union Routing Transit Number*

Corporate Credit Union Routing Transit Number*

Federal Taxpayer ID Number*

Year Founded*

Type of Charter*

Number of Members*

Number of Employees*

 

Total Assets*

Capital to Asset Ratio*

Percentage of Portfolio Delinquent*

Operating Expense/Avg. Assets*

Return on Avg. Assets*

Loans/Shares*

Date of Information (mm/dd/yyy)*

Please provide contact information for the following:

Compliance Name:*

Phone:*

Email:*

Accounting (to recieve invoices)

Accounting Name:*

Phone:*

Email:*

Marketing (to recieve offeres for complimentary marketing materials):

Marketing Name:*

Phone:*

Email:*

Do you need equipment to be provided for your CU (PC, monitor, printer, etc.)?*
No    Yes
(Note, you may use your own computers if you prefer.)

Branch Location Information
Please only enter information for new branches, not branches already offering the service.

Primary Contact Person for the Service at Branch 1*

Primary Contact’s Phone Number*

Primary Contact’s Email*

Branch Fax #*

CU’s Hours of Operation for Branch 1*

Address Where Equipment Will Be Located at Branch 1*

Shipping Address for Branch 1 (if different than address)


Management Information
Senior Management Position

*

*

*

*

 

 

 

 

 

 


Market Information

1. What percentage of your credit union's membership is foreign-born (estimate) ?*



2. Which of the following groups represent at least 10% of your community/field of membership? Check all that apply.*

Easten European
Latino
Asian
African
Other:

3. Which of the following nationalities are represented in your target market? Check all that apply.*

Mexicans Puerto Ricans
Salvadorians Peruvians
Guatemalans Jamaicans
Hondurans Filipinos
Nicaraguans Indians
Ecuadorians Samoans
Colombians Kenyans
Venezuelans Ghanaians
Bolivians Other:


4. Does your CU provide any services other than remittances to any of these immigrant groups? If so, check all that apply.*

Bill Pay
Check Cashing
Mobile Top-Ups
International calling cards
Other:
None

5. Does your CU provide any of the aforementioned services to undocumented individuals? If not, why? Please check all that apply.*
Yes
No, not interested
No, don't know how to serve
No, unaware that our CU could serve these individuals
No, regulatory agency doesn't permit it
Other

6. Will your credit union provide remittance services to non-members?*
Yes
No
If no, please explain why not:

7. Which of the following are your competitors in terms of international remittances?*
Check cashing outlet
Western Union
Money Gram
Other:

8. Does your CU have any relationships with local Latino leadership or any other immigrant group(s)?*
Yes
No

9. Has your CU identified any Latino or immigrant specific media outlets (e.g., radio, TV, newspapers, etc.) that could be used to reach your target market?*
Yes
No


Marketing Information
1. How does your CU plan to target the potential market of RIA users? Please check all that apply.*
Provide marketing materials in target market's native language
Publish articles or ads in local immigrant newspaper(s)
Advertise on local TV viewed by target community
Advertise on local radio station listened to by target community
Distribute RIA flyers to members/potential members via mail
Distribute RIA flyers to local target market community groups
Run promotional campaigns (e.g. first 100 members/potential members to utilize the service send for free or at discounted rate)
Advertise in local target market stores, gas stations, laundromats, etc.
Hang signs outside CU in target markets language
Hang signs in target market's community
Partner with immigrant groups to help promote your remittance program
Support immigrant clubs (i.e. Hispanic children's soccer league)
Other:
2. Do you have policies and procedures in place to carry out the service?*
Yes
No
In process
3. Does your CU currently have any marketing in Spanish or any other language?*
Yes
No
4. Does your CU have bilingual tellers who speak the language of the target market?*
Yes, How many are bilingual?
No
5. Is your remittance program part of your stragtegic goal for immigrant outreach?*
Yes
No

Other
1. Does your CU procure services from your state league?*
Yes
No
2. How did you find out about IRnet?*
League
Conference
Publication
WOCCU's Website
Another Credit Union
Other:
3. What do you expect to gain from this new service? Check all that apply.*
Expand membership
Generate income
Reach new market
Social mission
Other:




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