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Mike Winter, CEO
Financial Vision, LLC
phone: 317.612.3350 x301
email: mwinter@fivison.com
www.fivision.com

Members Health Network Teams with fiVISION to Add Online Enrollment to its Health Banking Platform

— Partnership integrates leading-edge online technologies from both CUSOs that equip credit unions to compete successfully in the Health Savings Account (HSA) market – attracting new members and strengthening existing member relationships. —

ALBANY, N.Y. and INDIANAPOLIS — February 6, 2008 — Members Health Network, LLC, a wholly-owned subsidiary of Members United Corporate Federal Credit Union, has partnered with fiVISION, a technology solutions provider of member service and sales tools for credit unions, to provide an online HSA enrollment facility as part of Members Health Network’s HealthBanker™ platform. The two organizations created the partnership to make HealthBanker™ a unifying force for credit union success in the growing HSA market – contributing to membership growth, generating new revenue streams, and strengthening business member and SEG relationships at credit unions nationwide.

fiVISION plays a vital role in this process. Its accountWORKS technology helps Members Health Network by creating a seamless online enrollment engine to help credit unions drive HSA sign-ups in one quick session.

Key features of Members Health Network’s HealthBanker™ platform include online decision-making support tools that let users compare benefits plans and the cost and quality of healthcare providers, as well as a web-based library of consumer-directed health information. The combined result is a virtual Health Banking Center accessible from each credit union’s website.

The new partnership has already garnered its first credit union client, E Federal Credit Union ($200 million; Baton Rouge, LA). E Federal will roll out its HSA program to the credit union’s retail and business members. The program will incorporate the entire HealthBanker™ platform, including fiVISION’s enrollment facility.

Using E Federal Credit Union to highlight fiVISION’s role in the HSA program: If an E Federal member or prospect chooses to enroll in an HSA, memberWORKS account opening technology – private labeled to Members Health Network – aids this existing or new member with signing up online. The technology allows for both internal and online enrollment in real-time or batch when communicating with the credit union’s core processing system. fiVISION’s memberWORKS also applies its decision-logic feature to auto-approve members for quicker sign-ups and account funding.

“We want to see credit unions take their rightful place at the HSA table,” states Peter Barnard, president and CEO of Members Health Network, commenting on the new paradigm shift where healthcare, insurance, and financial services converge. “fiVISION is a key partner for us, since its online enrollment technology will streamline the HSA sign-up process for credit union members, demonstrating the convenience and ease of use of opening and funding an HSA at a credit union.”

“We are very pleased to partner with Members Health Network,” says Mike Winter, president of fiVISION. “We see this market segment really exploding. Our aim is to contribute to this growth by imbedding our memberWORKS module within Members Health Network’s complete HSA solution, making it an easy-to-use and robust service for credit union members. We’re very excited to be a part of a movement that will help credit unions grow, and help their members transition to a new way of saving for their healthcare.”

About HealthBanker™
Members Health Network’s HealthBanker™ is a full-service, Business-to-Business health banking platform for credit unions and their members. This solution centers on Health Savings Accounts (HSAs), a tax-advantaged savings vehicle accompanied by a high deductible health plan (HDHP). HSAs allow the accountholder to pay and save for a remarkably wide range of medical expenses – tax free. Weaving together proprietary technology and partnerships with some of the best online technology services and health data providers in the market, HealthBanker™ eases users into the new world of HSAs and consumer-directed healthcare (CDH). For more information, visit www.membershealth.net

About Members Health Network LLC
Members Health Network is a credit union service organization created to be the unifying force for health banking in the credit union industry. It provides comprehensive, member-centric HSA and health banking products and services that give members a single destination to finance and manage their healthcare needs. Members Health Network is headquartered in Albany, NY. Members United Corporate FCU, its parent organization, is headquartered in Warrenville, IL. For more information, call 888.701.6777 or visit www.membershealth.net.

About fiVISION
fiVISION provides technology platforms that enable enhanced member service and sales for credit union clients through its flagship CRM product memberWORKS and memberWORKS member enrollment solution. fiVISION, headquartered in Indianapolis, Ind., is a CUSO that was established to bring industry leading – and practical – contact management, cross selling and workflow automation technology solutions to progressive credit unions. For more information, contact fiVISION at 317.612.3350 or visit www.fivision.com.

 
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