![]() ![]() The WRG team operates around 5 core values: Client Focus, Teamwork & Collaboration, Excellence, Integrity and Innovation. Our unique combination of platforms, including Unitri and Tellergy, services and knowledgeable people make for a powerful credit union-based infrastructure. Since 2002, WRG’s mission has been to build ever-stronger relationships, systems and processes that enable our credit unions to innovate and prosper, redefining what it means to be a credit union technology partner. “Our core hosting possesses an incredibly experienced team to alleviate credit unions’ operational burdens and streamline their success. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. “ Strata Credit Union is making great strides to serve consumers, and we’re proud the team selected WRG to assist along its journey,” WRG Director of Sales and Marketing Kerry Schiappa said. WRG is all about helping your staff serve your credit union’s members. For WRG, a wholly owned CUSO of Wescom Credit Union, it’s also about delivering excellence through products, processes and people. I also like having specialists devoted to our cybersecurity 24/7 to protect our members’ data.”Ĭore hosting and managed services is about deciding how to better manage your credit union’s resources, so your credit union’s team can focus on improving and expanding service to your members. And we’re able to reallocate our team’s time to more strategic matters. Strata CU Vice President of IT Brenda O’Doherty added, “By outsourcing our core hosting with WRG, we have the best of both worlds because of its flexibility. Tony Gioventu is executive director of the Condominium Home Owners Association.Above and beyond core hosting, WRG will be managing processing and business continuity services for Strata CU. As volunteers and fellow owners, you have no knowledge of their financial record and you are about to entrust them with a credit card that holds everyone within your strata corporation liable for any charges. Financial Advisors are registered to conduct securities business and licensed to conduct insurance business in limited states. You may also have an owner or tenant on council with a very poor credit history or more serious financial issues. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. ![]() This person is not on title and may not have any personal assets to risk. A tenant or family member who is a tenant may be granted permission by the owner of a strata lot to be elected to council. Here is a thought to consider about credit cards. Did you know that as a credit union member, you receive 100 deposit protection from the Credit Union Deposit Insurance Corporation of British Columbia. At some point in the history of the card, there is always someone on council who ends of abusing the card or spending on personal or unauthorized expenses. My experience with strata corporations that hold credit cards is not positive. Get Your Child One fatcataccount SECU banking savingmoney boymom. If a deficit results with no approved fund by three-quarters vote, the deficit must be paid back to the operating fund within the next fiscal year and becomes a payable line item in next year’s operating budget. Discover videos related to strata credit union on TikTok. If you approve an emergency expense from the contingency fund, it simply becomes an allocated expense to that fund, identified as an emergency in the council minutes and it does not have to be paid back to the fund. If they are spent from the operating fund surplus, a special levy or an approved contingency expense, those expenses may only be used to offset a deficit at the end of the year if approved by a three-quarters vote of the owners. Operating surplus funds may only be expended by three-quarters vote approval at a general meeting or may be deposited to the contingency reserve fund by majority vote.Įmergency expenses may only be expended from the operating fund or the contingency reserve fund. Join to view profile Strata Credit Union. If a strata corporation maintains an operating surplus, that is not a slush for council at its discretion. CEO at Strata Credit Union Bakersfield, California, United States. This advertisement has not loaded yet, but your article continues below. Manage Print Subscription / Tax Receipt. ![]()
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