CUNA Strategic Services makes investment in CU Solutions Group
LAVONIA and MADISON, WI (November 6, 2013) — CUNA Strategic Services (CSS) and CU Solutions Group (CUSG) are pleased to announce a financial investment by CUNA Strategic Services in CU Solutions Group. The investment gives CUNA Strategic Services an ownership stake in CU Solutions Group, and solidifies an existing marketing alliance between the two entities.
“The investment made by CUNA Strategic Services into CU Solutions Group, in addition to our marketing alliance, further validates that our company is offering the right type of member enhancement solutions to credit unions across the nation,” said Dave Adams, CEO of CU Solutions Group. “Having the financial backing of an affiliate of our national trade association for credit unions brings a powerful voice to our organization.”
“We believe CU Solutions Group’s member enhancement offerings increase the credit unions’ value and deepen a member’s relationship with their credit union,” said Wes Millar, SVP of CUNA Strategic Services. “Our investment helps CU Solutions Group continue on the path of reinforcing this value proposition to America’s credit unions.”
The existing marketing alliance between CU Solutions Group and CUNA Strategic Services was established to help bring greater awareness of CU Solutions Group’s partnerships to credit unions to help drive auto loans, build member loyalty and generate non‐interest income. The marketing agreement focuses on member offers and discounts for products and services like GM vehicles, Sprint wireless services, and Intuit TurboTax.
About CUNA Strategic Services
CUNA Strategic Services, Inc., owned jointly by Credit Union National Association (CUNA) and the state leagues,
saved credit unions more than $35 million in 2012 through its alliance programs. It provides credit unions with access to quality products, services, and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. For more information, visit cunastrategicservices.com.
About CU Solutions Group
CU Solutions Group serves the credit union industry by offering essential solutions in five key areas: marketing, technology, membership enhancements, performance management and lending & insurance. It was formed out of the combination of CU Village and HRN Management Group, and is owned by hundreds of investors made up of leagues, credit unions and credit union system organizations. Learn more at www.cusolutionsgroup.com, www.facebook.com/CUSolGroup or www.twitter.com/CUSolGroup.