NAPERVILLE, IL (August 1, 2022) — Envisant, a leading credit union service provider, has acquired Recovery Management Group (RMG), a credit union specific third party asset recovery service. The addition of RMG to Envisant charts a course for continued commitment to the credit union industry.
RMG brings innovative technology and strategies that maximize recoveries to strengthen credit unions. “Joining Envisant is a perfect fit for us, “Greg Mills, CEO of Aventa Credit Union and previous co-owner and Chairman of the RMG board notes, “Envisant creates a unique growth opportunity for our team to expand our services and cultivate a stronger network of credit union clients.”
Creditors Resource Service (CRS), Envisant’s in-house collections team, has provided competitively priced, complete, and comprehensive collection facilities for credit unions since 1974. The comprehensive suite of collection services includes: pre-collection services, skip tracing, credit report service, repossessions, and bankruptcy representation. “The combination of Envisant and RMG was a natural cultural fit,” Libby Calderone, President/COO Envisant, “we are both dedicated to serving members while recognizing their unique circumstances; after all, a member in good standing improves the credit union’s bottom line while promoting strong member relationships.”
For the immediate future, operations will continue as they have. The organizations will continue to focus on their commitment to the credit union industry and the development of a robust growth plan to bolster Envisant’s mission to help credit unions achieve their vision.
Envisant is a credit union service organization helping nearly 2,000 credit unions across all 50 states achieve their vision. A subsidiary of the Illinois Credit Union League, our product strategy features credit and debit programs, prepaid debit cards, portfolio development consulting, agent credit card programs, and ATM services. Get to know us at www.envisant.com.
Melissa Vidito
630-983-3400
melissa.vidito@envisant.com
