SAN DIEGO--The $780 million InTouch Credit Union is the newest credit union to work with CU Revest. InTouch, headquartered in Plano, Texas, operates branches in five states and serves members throughout the United States and in 20 countries around the world.
According to Diane Gerstner, Executive Vice President and Executive Operating Officer at InTouch, "CU Revest is a credit union-owned CUSO and knows how to work with credit union members. Their Special Asset Officers have an outstanding reputation for success in recovering "uncollectable" charge offs by working with and helping borrowers re-establish themselves. Our members are important and InTouch Credit Union is there for them, in good times and in bad. That's the credit union difference and that's why we chose to partner with CU Revest."
"We are thrilled to welcome InTouch Credit Union to the CU Revest family", said Mike Joplin, founder and CEO of CU Revest. "Since 1997, we have successfully managed more than $4 billion in charged-off asset recovery by treating borrowers with empathy and the utmost respect, and by working with them to identify permanent solutions to their temporary financial problems. The success and reputation of InTouch Credit Union is a prime example of how credit unions help their members through the spirit of 'people helping people' which is the same principle upon which we operate CU Revest. We are looking forward to working with InTouch Credit Union and their members for years to come."
CU Revest is a provider of recovered capital from abandoned charged off assets. Since 2012, the CUSO has distributed over $2 million in cash to credit unions from "unrecoverable" charged off secured and unsecured consumer loans, HELOCS, mortgages, credit card balances, personally guaranteed member business loans and overdrafts for our credit union clients.