LAKEWOOD, Colo.–Aux, the CUSO that provides collaborative back office solutions, announced it has added seven more credit union clients.
During the fourth quarter of 2020 the CUSO said it added three more credit unions for its services.
Aux said its “accounting, compliance and data analytics services are central to many credit unions’ 2021 plans as the pandemic creeps into its second year. More than ever, credit unions appreciate the benefits of mitigating key person risk and relieving staffing concerns these outsourced services provide.”
Among the credit unions that have selected Aux are:
- Signal Financial, Kensington, Md., $427 million in assets. Based on our great experience with Aux handling our marketing compliance and board BSA training, Signal has chosen Aux to expand the relationship to include all compliance related issues with them,” said President/CEO Francois R. Verleysen.
- Tennessee Credit Union League, Chattanooga, Tenn.
- Qualstar CU – Bellevue, Wash., $630-million in assets.
- Bronco FCU, Franklin, Va., $182 million in assets.
- Premier Source FCU, East Longmeadow, Mass., $61 million in assets. “We reached out to Aux because we were considering alternative ways we could outsource compliance areas that would be beneficial to us,” said Bonnie Raymond, CEO. “We are looking forward to having a team of compliance experts to take the burden off our staff.”
New Accounting Clients
- HUD FCU, Washington, D.C., $45-million in assets.
- Coastline FCU, Jacksonville, FL, $121 million in assets
“The Aux suite of collaborative back office services include full-service accounting and CFO-level services, full-service compliance (even marketing compliance!) and training, and data analytics, which was just launched in June of 2020,” the CUSO said.
For info: auxteam.com/solutions/.