CU Business Group, Paychex Partner for HR and Payroll for Businesses

PORTLAND, OR (April 9, 2013) – Business services CUSO CU Business Group has partnered with Paychex to connect credit unions and their business members with a full suite of human resources and payroll products and services.

The two organizations teamed up in an effort to help credit unions become a one-stop shop for business members.

“Credit unions need to better position themselves as the primary financial institution for their business members,” explained Larry Middleman, CUBG President/CEO. “The more services the credit union can offer, the stronger the relationship they can build to become the trusted financial advisor for that business and others in the community.”

Credit unions can sign up for Paychex services through CUBG to take advantage of their exclusive referral program. For each successful business referral sent to Paychex, the credit union will receive a referral fee.

Paychex vice president of marketing Andrew Childs says, “The innovative solutions Paychex offers – such as payroll, health and benefits, and human resource administration – allow credit unions and their customers to better concentrate on their core businesses.”

CUBG and Paychex will hold a webcast on April 23rd for credit unions interested in learning more. Contact CU Business Group at to register.

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.  The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers’ compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971.  With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 567,000 payroll clients as of May 31, 2012.  For more information about Paychex and its products, visit

CU Business Group, LLC, provides a wide array of business lending, deposit and consulting services to credit unions nationwide. CU Business Group provides products and technical expertise to credit unions with advanced business programs, and all the basics for those just starting out. Based in Portland, Oregon, with offices in the West, Southwest and Eastern U.S., CU Business Group has a staff of 29 professionals and is the largest business services CUSO in the industry, serving 426 credit unions in 44 states.

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