Credit Union Vendor Risk Solutions Firm Launched


Matt Baldini
(860) 578-2228

Credit Union Vendor Risk Solutions Firm Launched

South Glastonbury, CT – January 28, 2013 Credit Union Vendor Risk Solutions, LLC is pleased to announce the availability of its services to credit unions throughout the United States. The new firm, known as “cuvrs,” is solely dedicated to providing credit unions with a complete turnkey vendor risk management solution. With over 30 years of combined legal, compliance, and regulatory experience and an affiliated network of professionals with an additional 40 years of experience, cuvrs knows credit unions, with working knowledge of credit union vendor risk management, vendor contracts, NCUA regulatory requirements, and credit union regulator relationships.

Matt Baldini, Founding Member of cuvrs, stated, “We are excited about the opportunity to assist credit unions in maintaining relationships with their vendors. New regulations have made the regulatory landscape even more treacherous for credit unions that fail to adequately manage their vendors. For a fraction of what it would cost a credit union to hire staff, we can provide our unparalleled expertise.”

Among the services provided by cuvrs are risk assessment of vendors, maintenance of vendor contracts, vendor due diligence, drafting of reports for regulators and the Board of Directors, and reviewing contracts for cost savings.

Unlike other “vendor management” companies, cuvrs does not require credit unions to hire additional staff, download expensive and complicated contract management software, or train credit union personnel to learn new online tools.

“We do all the work, so credit unions can focus on servicing their members,” Baldini added. “Simply put, our commitment to credit unions is: ‘We’ve got you cuvered.’”

© 2013. Credit Union Vendor Risk Solutions, LLC. P.O. Box 556, South Glastonbury, CT 06073-0556

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