BDI provides a cost-cutting, document-enhancing alternative to in-house handling of a wide range of typical notices. No longer is it necessary to carry the burden of staff and materials in creating your daily or periodic compliance mailings. Some of the Notices or Items delivered are:
- Insufficient Funds Notice
- Delinquent Notice
- Share Transfer Notice
- IRA Distributions
- Loan Payment Reminders
- MCIF Campaign Letters
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- EFT Transfer Notice
- CD Renewal / Re-enrollment
- Escheatment Notices
- Loan Payment Coupons
- PIN Selection Notice
- and many more
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Since we began this service over 10 years ago, BDI has saved credit unions thousands of dollars in operating costs and streamlined communications with their customers. The advantages of using this service may vary slightly from one institution to another and includes most or all of the following:
- Reduced postage costs
- Enhanced / easier-to-read documents
- Fewer inquiry calls to phone centers
- Elimination of pre-printed stocks, supplies and equipment
- Option to Archive selected notices
Reduce Postage Costs
By outsourcing Notice Processing and Mailing, you gain the immediate advantage of mailing at discount presort postage rates. And, by "recombining" multiple like-notices for a single customer in a single envelope, postage expense falls rapidly.
("Recombination" is a process where multiple notices to a single member can be combined for distribution in a single envelope.)
Enhanced / Easier-to-Read Documents
Similar to Marketing Support Services, we are able to parse and re-design your notices according to your preferences. You can choose from multiple different layouts or create your own designs. You no longer are tied to pre-established print layouts which do not communicate what you prefer and which do not allow for expanded content.
Recent trends in Periodic Notice design are to ensure that communications with clients are more professional and target-specific. In some cases, notices are upgraded to include specific target-marketing messages or instruction.
Eliminates In-House Costs
In-house costs are reduced by eliminating unneeded equipment, maintenance and supplies such as printer ribbons and toner, custom paper stocks, etc. Cost of labor is also adjusted as staff can be re-assigned to new tasks and responsibilities.
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