TriVerity

?? We are thrilled to welcome the financial institutions who joined our team in October! Welcome, Serve Credit Union and VULCRAFT EMPLOYEES FEDERAL CREDIT UNION. We look forward to growing our partnership! #FinancialInstitutions #DelinquencyManagement

"If you want to succeed in this fast paced and constantly shifting marketplace then you need to embrace uncertainty and build a team that is mentally fit, powerfully resilient and captively strong. As a leader, managing change is just not enough, you need to help your teams learn to embrace it, plan for it, and literally control it." - Meridith Elliott Powell, MotionFirst. Read the article: https://bit.ly/3Z3Pw7v. #DelinquencyManagement #FinancialInstitutions

? We still have some great end-of-year training classes available! Are you hiring a new collector or want to give your team the gift of training to enhance their skill sets? Check out our Collection Call Success and Bankruptcy Success courses. Spots are limited, so register before they are filled! Remaining dates available: ? Collection Call Success - December 3, 2024 ? Bankruptcy Success - December 17, 2024 Register today! https://bit.ly/3rRb1bz. #ContinuingEducation #FinancialInstitutions #DelinquencyManagement

"A new report by Experian found that 67% of polled Gen Zers and 62% of surveyed millennials are using artificial intelligence to help with their personal finances. Users say that generative AI tools like ChatGPT have helped in areas including saving and budgeting (60%), investment planning (48%) and credit score improvement (48%)." - Ana Teresa Solá. Read the article: https://cnb.cx/4finsTI. #DelinquencyManagement #FinancialInstitutions

???? On this Veterans Day, we extend our heartfelt gratitude to the brave men and women who have served our country. Your sacrifices, dedication and courage inspire us all. Thank you for your service and commitment to our country. In recognition of Veterans Day, our offices will be closed today, Monday, November 11. #VeteransDay

Has your financial institution begun year-end planning? "As we look toward 2025, associations must prioritize transparent and frequent communication with members as part of their end-of-year planning process. By defining what this looks like, and how to start implementing these strategies in a manageable way, associations can begin delivering more meaningful, engaging updates that keep members informed and invested." - Haleigh Laverty, Defense Credit Union Council. Read the article: https://bit.ly/4fpTZqs. #DelinquencyManagement #FinancialInstitutions

Our team had a fantastic time at Blaze Credit Union's Foundation Annual Curling Event, which TriVerity, alongside Velera, proudly attended as Gold Sponsors! Thank you, Beckie D. with Anoka Hennepin Credit Union, a Division of TopLine Financial Credit Union and Erin McNamara with SMW Financial Credit Union, for joining Sarah Thielen and Kindy Gajeski on the ice! #DelinquencyManagement

"In our industry, not a day goes by when we are not collectively thinking about fraud prevention. While financial fraud is not new, the losses and impact felt by these types of crimes is growing annually. According to the Federal Trade Commission, consumers reported losing more than $10 billion to fraud in 2023—up 14 percent from the prior year." - Elise Baldacci, Maine Credit Union League. Read the article: https://bit.ly/4f6RklF. #DelinquencyManagement #FinancialInstitutions

Were your borrowers hoping the mortgage rates would come down? Stay informed on the latest interest rate trends and educate borrowers on what to expect. "You might expect that mortgage rates would be falling right now after the Federal Reserve cut interest rates by a half-point last month. Here are 4 ways the Federal Reserve's big rate cut could change the housing market Instead, mortgage rates jumped higher. The latest data from Freddie Mac showed that the average 30-year mortgage rate had increased to 6.4%, more than a quarter-point higher than it was two weeks ago." - Laurel Wamsley, NPR. Read the article: https://n.pr/409oLQ4. #DelinquencyManagement #FinancialInstitutions

?? We're hiring! Ready to take your career to the next level? Join us at TriVerity, where we offer more than just a job. At TriVerity, we believe our greatest asset is our people. Our workplace culture fosters personal and professional growth through open communication, teamwork, appreciation, accountability and more. Get ready for a flourishing work atmosphere that is challenging, rewarding and enjoyable. By joining TriVerity, you will benefit from: ? Competitive compensation ? Comprehensive medical benefits packages ? 401K program ? Generous paid time off plan Take the next step in your career journey, and apply today! https://bit.ly/30Bv5n8. #Hiring #DelinquencyManagement #FinancialInstitutions