Corporate Central launches balance sheet optimization CUSO, QuantyPhi
MILWAUKEE, WI (May 30, 2017) — In order to meet the credit union industry’s growing need for balance sheet optimization services, Corporate Central Credit Union has launched a new, wholly-owned credit union service organization (CUSO) called QuantyPhi. Offering a multitude of balance sheet optimization services that include resiliency planning, goal strategizing, and analyses of what-if scenarios, QuantyPhi does the never-ending number-crunching credit union executives don’t have time to do.
“Keeping your credit union’s entire balance sheet optimized for continuous success can be a challenge,” said Chris Felton, Corporate Central President and CEO. “It requires time, tools and training that many credit unions don’t have in-house. Corporate Central developed QuantyPhi in response to an industry-wide need for balance sheet optimization services. Since our mission is to help credit unions be Wildly Successful, we took action.”
According to Felton, ever-increasing market sophistication and complexity have forced credit union CEOs and CFOs to spend more time number-crunching and less time focusing on what they do best: serving their members. By partnering with QuantyPhi, those executives will not only have more time to focus on members’ needs, they will also gain access to services that build stronger, more flexible, and more resilient credit unions.
“Our approach to managing balance sheets is different—it’s holistic,” said Kevin Chiappetta, Corporate Central SVP of Investment Services. “Our experienced ALM experts focus on finding opportunity on both sides of the balance sheet. We run what-if scenarios that facilitate successful relative-value balance sheet decisions. We build balance sheets with muscle and strategize for proactive adjustments so as goals change and the market changes, member credit unions can remain star performers.”
Learn more about QuantyPhi at www.QuantyPhi.com.
About Corporate Central Credit Union
Corporate Central Credit Union is a federally insured financial cooperative built on the values of commitment to service, fiscal responsibility, and respect for the individual. We cultivate a culture of respect, ethics, teamwork, and innovation. We are " Helping Members to be Wildly Successful" by delivering industry knowledge and expertise to help credit unions achieve their strategic objectives and compete in today’s evolving financial services industry. We are motivated to passionately serve our members and strive to learn, create, and innovate daily. Please visit corpcu.com to learn more, and follow us on LinkedIn, Facebook, Twitter, and YouTube.
About QuantyPhi, LLC
QuantyPhi, LLC is a wholly-owned credit union service organization. Formed by Corporate Central Credit Union in 2016, the CUSO specializes in credit union balance sheet optimization. QuantyPhi’s mission is to build better credit unions by building balance sheets with muscle, flexibility and resilience. Please visit www.QuantyPhi.com to learn more.
