United Credit Service: A Retrospective back to 1950

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July 2, 2015 by Lisa Brammer

1950 – United Credit Service, Inc. is established as a collection agency for local physicians by Hubert J. Kartes. It is located at 17 ½ W. Walworth Street in Elkhorn, WI. Today, healthcare remains the principal industry that we serve.

• Harry S. Truman is president of the United States (only 48 states)
• Korean war begins
• Average annual U.S. income is $3,210
• Average cost of Wisconsin home is $7,927
• One gallon of gasoline costs .18 ¢ and a postage stamp is .03¢
• “Howdy Doody” and “The Lone Ranger” are popular TV shows

1965 – Current team member, Jean L, is hired at UCS. She is the first non-family employee.

• Lyndon B. Johnson is president of the United States
• U.S. sends first troops to Vietnam
• President Johnson signs the Social Security Act of 1965 into law, establishing Medicare and Medicaid
• The Beatles perform the first stadium concert in the history of rock at Shea Stadium in New York.
• The Oscar Award for best picture goes to “The Sound of Music”
• “Bonanza” and “Gomer Pyle” are popular TV shows

1974 – Corinne Kartes sells United Credit Service, Inc. to Dan and Judy Weis and they sell it to Edward Cox.

• Richard M. Nixon is president of the United States
• Watergate scandal: Nixon is first president to resign from office
• Gerald Ford is president of the United States
• Patty Hearst, granddaughter of media mogul William Randolph Hearst, is kidnapped by Symbionese Liberation Army (She was later convicted of joining the group in a bank heist)
• The Oscar Award for best picture goes to “The Godfather: Part II”
• “All in the Family” and “M*A*S*H” are popular TV shows
• Cost of a Superbowl ad: $103,000.

1980 – Ed Cox’s twin sons, Tom and Jim, join United Credit Service, first Tom and 7 months later, Jim. UCS expands and moves down the street to a larger location at 5 W. Walworth Street.

• Jimmy Carter is president of the United States
• “Miracle on Ice” takes place during Winter Olympics at Lake Placid, NY. U.S hockey team wins gold medal
• The Cable News Network (CNN) is launched
• TV viewers found out “Who shot J.R?” on night time soap opera Dallas
• John Lennon, is shot and killed in New York

1981 – United Credit Service, Inc. initiates the development and programming of an in-house, computerized, paperless collection system—the first of its kind in Wisconsin. It is up and operational in September.

• Ronald Reagan is president of U.S.
• 52 American hostages held in Iran are released after 14 months of captivity
• Lech Walesa is Time Magazine’s Man of the Year
• Sandra Day O’Connor becomes the first female U.S. Supreme Court Justice
• Actress Natalie Wood dies, allegedly falling overboard during a sailing adventure with husband Robert Wagner
• President Ronald Reagan is shot in the chest outside a Washington D.C. hotel by John Hinckley, Jr.
• Cost of a Superbowl ad: $275,000.

1995 – United Credit Service, Inc. expands again and moves to current location 15 N. Lincoln Street.

• Bill Clinton is president of the United States
• Oklahoma City bomber Timothy McVeigh kills 168 people and injures over 600 when he detonates a truck bomb in front of the Alfred P. Murrah Federal Building.
• Actor Christopher Reeve is paralyzed after being thrown from a horse during an equestrian competition
• Yahoo is founded in Santa Clara, California
• Toy Story, the first full length computer animated feature film, is released by Pixar Animation and Walt Disney Pictures
• E.R., Seinfeld, and Friends, are most popular TV shows

1997 – After Ed Cox’s passing, son’s Tom and Jim take over business. Tom as president and Jim, vice-president. Current Team member, Kim N. joins UCS.

• Bill Clinton is still president of the United States
• Titanic, the highest-grossing film of all time (until Avatar in 2009) premiers
• Princess Diana is killed in a speeding motorcade crash in the Pont e l’Alma tunnel in Paris, France
• WebMD is introduced
• Cost of a Superbowl ad: $1,200.000
• Beanie Babies are the must-have toy for Christmas

2012 – UCS President and Co-owner Tom Cox sells his half of UCS to Rick Brammer, Jim Cox retains his half and remains vice-president.
• Barack Obama is president of the United States
• Encyclopedia Britannica announces it will no longer publish printed versions of its encyclopedias
• Mastercard and Visa announce a massive breach in security with over ten million compromised credit card numbers
• Whitney Houston is found dead in her suite at the Los Angeles Beverly Hilton Hotel
• Apple Inc. claims a value of $600 billion, making it the largest company by market capitalization in the world
• Suberbowl ad: $3,500,000
• X-Factor, Revenge, Bones, and NCIS are popular TV show

2015 – United Credit Service, Inc. celebrates anniversary—65 years strong!

Founded in 1950, United Credit Service, Inc. is a full service, licensed revenue cycle management and debt collection agency in Wisconsin providing effective, customized one on one management and recovery solutions for our business partners. Visit our website at http://www.unitedcreditservice.com, call 877-723-2902 or check out our YouTube video.

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