NASHVILLE—Volunteer Corporate Credit Union is launching a new CUSO called Symphony that it said will provide enhanced services addressing issues facing the credit union movement.
Symphony will provide credit unions with assistance in areas that include enterprise risk management, business continuity management, information security and supervisory committee audits, according to VolCorp.
“Symphony will be an invaluable resource for credit unions of all sizes across the country, as is evidenced in recent engagements with credit unions whose assets range from $29 million to $5 billion,” said Jeff Merry, president and CEO of VolCorp. “We look forward to developing new relationships and further enhancing our existing partnerships with Symphony.”
Christina Adkison, Symphony’s president and CEO, said the CUSO resulted from simply talking with credit unions and asking them about their pain points regarding credit union operations.
“Leading a credit union in today’s environment with all the different moving pieces, from regulatory to the normal daily functions, can be overwhelming,” said Adkison. “We created Symphony to alleviate some of the pain points credit unions are facing in the industry today. The benefits of Symphony go beyond providing a way to strengthen credit union operations. The real benefit is providing time back to the credit union to focus on the primary reason credit unions exist–to serve the member. I think our mission statement sums this up best: At Symphony, we navigate the hurdles of operating a credit union so you don’t have to – transforming organizations that inspire success.”
According to Volcorp, subject matter experts at Symphony can help credit unions better serve members by taking on the burden of ERM, BCM, IS and supervisory committee audits.
For info: www.symphonycuso.org