Card Analysis Solutions

Card Analysis Solutions digs deep to uncover cost savings in order to make your program more profitable.

Card Analysis Solutions works for YOU, the credit union. Ondine works with all credit unions, regardless of the processor or platform: In-house or Full Service with Fidelity, PSCU, Town North Bank, The Member's Group, VISA and Pemco. Our goal is to increase the value of your credit card program for your credit union and your members.

• Reduce Operational Expenses
• Increase Program Income (and NOT by increasing fees)
• Improve Operational Efficiencies
• Increase Overall Profitability of the Credit Card Program
• Redesign Programs When Needed

In addition to increasing card program activity and overall usage, take a look at some of the cost savings identified for CAS clients since 2003:

• $25,000 annually via contract re-negotiation with processor
• $100,000 annually in Falcon processing fees
• $5,000-$75,000 annually for ineffective processor marketing campaigns
• $5,000-$15,000 annually in plastic production costs (with CUSTOM plastics!)
• $20,160 annually identified in missing fee income
• $240,000 annual increase in program revenue
• $65,000 in member phone service related costs
• $28,000 annually in report management expenses
• $6,000 in annual program expenses related to unused BINs
• $10,000 annually for program consolidation
• $80,000 increase in annual late fee income due to inconsistent system settings
• $3,000 for incorrect billed items on processor invoices
• $3,500-$52,000 annually in account based billing fees

In addition, through the evaluation, Card Analysis Solutions has been able to identify other areas of income opportunity and reduced processing costs.

• Identified cases in which fee income was not being collected for an entire year (more common than often thought)
• Identified weak operational procedures creating unnecessary exposure to risk and fraud
• Identified unprofitable programs and eliminated from portfolio
• Identified unnecessary fraud management expenses in excess of $100 thousand annually