Allied Solutions partners with new CUSO, Rhyze, to provide new loan and liquidity solutions to credit unions
CARMEL, IN (November 13, 2023) — Further expanding its portfolio of growth-focused solutions for credit unions, Allied Solutions is proud to announce a new partnership with Rhyze Solutions, LLC – a newly formed credit union service organization (CUSO) – to support lending and capital market operations.
The partnership increases the value credit unions provide by expanding the institution’s loan and liquidity portfolio and expertise. By leveraging Rhyze Solutions’ innovative business lending platform, credit unions and other financial institutions can easily access a variety of loan and liquidity solutions across multiple asset classes.
Allied Solutions Chief Executive Officer, Pete Hilger, notes that this partnership is critical to ensure long-term growth and sustainability for Allied clients. “We know our clients in the credit union industry need reliable lending solutions to streamline loan operations and expand their regional footprint.” Hilger said. “Our partnership with Rhyze provides those credit unions with tremendous opportunity to scale their business and aligns with our commitment to provide innovative solutions.”
Allied Solutions joins Everwise Credit Union as a co-founding investment partner in Rhyze Solutions. Rhyze Co-Founder and CEO, Syd Libsack said, “Great partnerships are what drive this industry – and we could not be more excited to have two exceptional partners in Allied Solutions and Everwise Credit Union. Both organizations bring unique perspectives and a wealth of knowledge to the table that will help our organization quickly scale and, in turn, deliver value to their own clients and members. We could not be more excited to launch this CUSO with these partners by our side!”
To learn more about Rhyze Solutions, visit www.rhyze.com.
About Allied Solutions
Allied Solutions is one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions. Allied Solutions uses technology-based solutions customized to meet the needs of 6,000 clients along with a portfolio of innovative products and services from a wide variety of providers. Allied Solutions is headquartered in Carmel, Indiana, with regional offices in Florida, Minnesota, South Dakota, and Texas. Allied Solutions is a wholly owned and independently operated subsidiary of Securian Financial Group. Visit alliedsolutions.net to learn more.
