July 2nd, 2010 – “Great news from MDC! At last summer’s MDC owners meeting, owners expressed the need for a solution that would help credit unions streamline their vendor contract processes, ensure NCUA compliance and offer some consistency in the process. With the help of a team of your peers, we have completed our Vendor Management (VM) initiative. We compared several vendor management/due diligence solutions and have selected [the] Quantivate [Credit Union Vendor Management System] as a preferred partner.
A very engaged 12 member advisory team developed a set of requirements and then reviewed vendors in great depth. As part of our research, we also compared cost of partnering with a solution that was partially built-out versus a solution that is ready to go.”
– MEMBERS Development Company