Press
New CSS Alliance Provider Analyzes Loan Portfolios
CUNA Strategic Services, Twenty Twenty Analytics Announce Agreement
Contact: Debbie Bergenske
dbergenske@cuna.com
(608) 231-4340
Steve Miller
steve.miller@twentytwentyanalytics.com
(877) 392-2021
MADISON, Wis., 3/9/2012 – Managing a loan portfolio can be challenging with evolving market changes, trying to increase loan growth, reducing charge-offs and, of course, looming pressures from examiners.
A new alliance between CUNA Strategic Services, Inc., (CSS) and Twenty Twenty Analytics will offer analysis services to help identify strengths and weaknesses in credit union loan portfolios.
The Clearwater, Fla., company has more than 60 collective years of credit union industry knowledge, providing risk analysis of commercial and consumer loans, and identifying regional factors that affect credit union portfolios.
“Twenty Twenty Analytics’ strength is derived from the fact it works exclusively with credit unions,” said Wes Millar, CSS senior vice president. “Additionally, the company has experience working face-to-face with examiners helping credit unions successfully navigate challenging exams.”
Steve Miller, director of operations for Twenty Twenty Analytics, said, “CUNA Strategic Services has a proven track record of staying in the forefront of credit union needs, and we could not ask for a better business relationship in this dynamic environment.”
Twenty Twenty Analytics’ services include specific loan grading; collateral valuation for real estate, consumer loans, commercial machinery, and commercial properties; portfolio stress analysis; loan loss probability analysis; loan loss validation; concentration of risk assessment; residual reserve for leases; and customized loan modeling.
For more information, visit cunastrategicservices.com/twentytwenty.
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 $30 million in 2011 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 Twenty Twenty Analytics
Twenty Twenty Analytics is the premier loan portfolio analytic service provider for credit unions. Over the last three years our team of specialized analysts has evaluated more than $100 billion in commercial and consumer loans for credit unions throughout the United States.