Credit Unions Save with Outsourced Print and Mail

Credit unions, as member-owned financial institutions, prioritize delivering exceptional member service while keeping expenses low. This balance sets them apart from the competition and is key for maintaining member trust and business.

These days, credit unions face the challenge of reducing costs without diminishing the quality of member services. It could help to rethink how you handle transactional printing for your credit union.

Effective communication with members—be it through credit union statement processing, updates on new programs, or compliance notifications—is critical. Regular print and mail communication not only keeps members informed, but also strengthens relationships and engagement. However, the rising costs of printing pose a significant concern for credit union leaders.

Advantages for Credit Unions Who Outsource Print and Mail

Outsourcing print and mail services can help credit unions who are looking to economize. The right print and mail outsource provider helps credit unions to manage printing costs and ensure timely service. Outsourcing is often more affordable than printing in-house in a few key ways:

• Print and mail services only focus on print and mail. They can more easily navigate rising paper and postage costs.
• Outsourcing eliminates the need to buy and maintain expensive print and mail equipment
• Outsourcing statement printing and mailing, brochures, and compliance communications saves money because you take advantage of the print and mail services partner’s buying power and vendor relationships
• You save labor costs. Credit union staff can focus on essential services and member interactions, leading to operational efficiencies and better member service.

The need for cost-effective transactional printing is growing among credit unions. Finding a partner that can deliver these benefits and offers effective solutions is critical.

Choose the Right Print and Mail Services Partner

PrintGURU by IMS is a reliable partner, offering more than 40 years of expertise in transactional printing, inserting, and mailing. This seasoned supplier can help credit unions reduce expenses related to critical document printing. 

The principle of focusing on core competencies applies here. Credit unions excel in financial management, not print and mail operations. Outsourcing print and mail services is a strategic move.

Benefits of Outsourcing Print and Mail to PrintGURU by IMS

• Cost Efficiency: We specialize in printing, inserting, and mailing. This means unbeatable operational efficiency and significant cost savings that can be reinvested in your credit union.
• Quality and Accuracy: With a dedicated focus on printing, PrintGURU ensures high-quality outputs and accuracy, reducing paper use and costs while maintaining effective communication with members.
• Data Security and Compliance: Outsourcing with PrintGURU addresses your data security and compliance requirements seamlessly.
• Economies of Scale: PrintGURU’s substantial annual print and insert volumes earns us significant buying power and vendor relationships. These benefits are passed on to our clients.
• Simplified Inventory Management: Clients can skip the headaches of paper and printing supply inventory management. PrintGURU by IMS provides this service for its printing clients.

Considerations For Credit Unions Choosing a Print and Mail Outsource Solution

• Can the transactional printing provider match or beat industry leaders in price?
• Do their print and mail performance metrics and track record give you assurance that you’ll get the consistently high quality and reliability you deserve?
• Does the print and mail services partner have a rigorous Service License Agreement and top-notch communication protocols to prevent errors, missed deadlines, and other printing service issues?
• Do they have the print and mail capacity and flexibility to grow with you and perform flawlessly during your steepest peak season?
• Is the print and mail service provider innovative?
• Does the transactional printing provider’s responsiveness and resourcefulness solve key challenges for your operation?
• Do they provide leading-edge data security and privacy levels to ensure you and your customers are protected?
• Do they have controls in place to manage print and mail cost increases and overruns?
• Can they prove to you that they understand that transactional printing is a core element of how you interact with your credit union members?
• Do they offer the full range of transactional print and mail needs?
• Can they help with print supply inventory management so you can take full advantage of procurement efficiencies for paper, envelopes, inserts, cardstock, and more?
• Does the printing partner have decades of experience serving clients with millions of pieces mailed annually?
• Can the transactional printing partner also solve other business process challenges for you, like contact center outsourcing, lockbox for secure remittance processing, and more?

Are you a credit union interested in how outsourcing transactional printing can lead to cost savings and operational improvements? Book a call with the experts at PrintGURU by IMS. It could be the first step towards achieving your goals.