MUSKEGO, Wis.–InterLutions, Corporate Central Credit Union’s business solution CUSO, reported it has added eight credit unions to its revenue enhancement service, CU-Save.
An efficiency-optimization partner, CU-Save helps credit unions reduce costs and enhance revenues specifically related to card processing, the company said.
“Credit unions are taking advantage of this innovative solution to reduce their operating expenses, optimize efficiency, and improve their bottom lines,” said Jesse Kohl, president of InterLutions. “We couldn’t be more excited for our new partners to see how much money CU-Save will save them.”
Credit unions utilizing CU-Save include:
- Educators Credit Union ($1.7 billion in assets)
- Fort Community Credit Union ($235 million in assets)
- Members’ Advantage Credit Union ($105 million in assets)
- N.E.W. Credit Union ($90 million in assets)
- Prospera Credit Union ($235 million in assets)
- Ripco Credit Union ($125 million in assets)
- Unison Credit Union ($205 million in assets)
- Winnebago Community Credit Union ($100 million in assets)
“For participating credit unions, CU-Save identifies previously undiscovered opportunities for growth and savings,” Corporate Central said. “The service helps credit unions align expenses with appropriate benchmarks and fosters quality, long-term supplier partnerships.” By offering unique benchmarking analysis from industry experts, CU-Save helps credit unions negotiate competitive and value-added contracts, Corporate Central added.
“CU-Save helped our credit union negotiate contracts for our plastic cards and we were extremely happy with the results,” said Lisa Gilligan, president/CEO of N.E.W. Credit Union. “They were very professional to work with, little work was required on our part, and they helped find places to improve our bottom line. We will definitely utilize them for future contract negotiations.”
CU-Save is a collaborative partnership initiative developed by InterLutions CUSO and Strategic Resource Management, an independent revenue-enhancement organization.
For more info: CU-Save.