Press
Allied Solutions , Insuritas And Prime Alliance Win Award
Contact: David C. Frankil
703-842-2226
dfrankil@nafcu.org
NAFCU Services Corporation (www.nafcu.org/nafcuservices) has announced the winners of its 2010 Innovation Awards at NAFCU’s 43rd Annual Conference & Exhibition at Navy Pier Chicago. Each year, NAFCU Services recognizes three of its Preferred Partners for outstanding innovative solutions recently introduced to the credit union market.
The NAFCU Services 2010 Innovation Award winners are:
- Allied Solutions – for its mergers and acquisition alliance, an organized network of providers that help credit unions navigate the challenges related to a merger or acquisition. The alliance focuses on the typical issues associated with the pre and post-merger process, including marketing for the combined credit union, forecasting growth and addressing legal issues.
- Insuritas – for its outsourced online insurance portal that allows a credit union’s members to shop, compare and buy all of their insurance online from a brand that they trust (the credit union’s). The solution enables a credit union to own a complete insurance agency without the significant capital investments required to build or buy an agency, or the inherent operational risks.
- Prime Alliance Solutions – for its online mortgage origination and processing system, the only truly integrated web-based system that avoids multiple databases and processes. It is the first to make fully paperless and electronic mortgage origination and processing a reality.
The winners were selected by the NAFCU Services Advisory Committee, which is composed of executives from across the country from credit unions of all sizes.
“Credit unions must employ innovative solutions to remain competitive in today’s environment,” said David Frankil, president of NAFCU Services. “Each of our award winners offers a cutting-edge option for addressing some of credit unions’ most pressing challenges.”
Representatives from Allied Solutions, Insuritas and Prime Alliance will accept their awards at a reception Tuesday night at NAFCU’s Annual Conference. Attendees interested in learning more about these companies can visit their booths in the NAFCU Services Preferred Partner Pavilion in the exhibition hall.
About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU Services has partnered with the industry’s leading solutions providers to offer value-added products and services at a discount to credit unions. Currently, it offers 28 Preferred Partner programs to the credit union community and maintains the credit union locator website CULookup.com. For more information about NAFCU Services Corporation, please visit www.nafcu.org/nafcuservices.