There are two primary types of new reports, referred to as Service Organization Control (“SOC”) reports. A SOC1 report is the report to be used by clients and their auditors to plan and perform an audit or integrated audit of client’s financial statements. A SOC2 report is the report used by clients or stakeholders to gain confidence and place trust in a service organization’s systems.
Electronic marketing, web sites, and social media extend your reach and enable your account holders to conduct business 24/7/365. People expect instant gratification and will do business with whoever gives that to them. Make sure you have the tools in place, such as credit alerting, to ensure that your institution is positioned to capture business 24/7/365 — not just between 9 a.m. and 5 p.m.
LKCS recently launched a new web site for Crane Federal Credit Union (Odon, IN). Bryan Myers, VP of Lending & Sales from Crane FCU, states “This was an important, high-priority project for us and LKCS’s knowledgeable and creative staff were great to work with. I would highly recommend their web design services to anyone looking to create a website or improve their existing one.”
According to Warren Storey, VP of Product Marketing and Insight at ICOM, a division of Epsilon Targeting, “There is definitely a growing trend that email inboxes are getting more and more full. Over the last three years, we’ve seen an increase in the percentage of consumers saying, yeah, they like getting email but they get far too many.”
With this announcement from the USPS, it is clear that the postal service recognizes the value of including marketing campaigns with your statements and notices. In fact, according to Paul Vogel, USPS President and Chief Marketing/Sales Officer, “This gives companies expanded opportunities to advertise new services and products to their customers as part of bill and statement mailings.”
LKCS is pleased to announce the launch of websites for two of our clients. Palisades Federal Credit Union and LaSalle State Bank are among the latest to have their websites modernized. Palisades Federal Credit Union selected LKCS to redesign their web site from the ground up. Within hours of the site launch, members were calling the credit union applauding the new site.
WOW! E-mail revolutionized our business. (I’m sure my kids don’t care….it’s just e-mail after all.) Our sales and customer service representatives send and receive well over a thousand e-mails each day. (Yes, thousands — I just checked our e-mail archives to be sure.) While I don’t have hard data, I find it nearly impossible to think we used to send and receive over 1,000 faxes daily.
