A dozen new credit unions have signed on with CU-Save, the revenue enhancement and cost reduction service provided by InterLutions.
The service offers no-cost and no-risk reviews of CUs’ vendor contracts to help improve efficiencies, reduce costs and enhance revenue streams.
The 12 credit unions are:
• Shoreline Credit Union ($93 million in assets; based in Manitowoc, Wis.)
• Co-Op Credit Union ($326 million; Black River Falls, Wis.)
• Fox Communities Credit Union ($1.6 billion; Appelton, Wis.)
• Fond Du Lac Credit Union ($63 million; Fond Du Lac, Wis.)
• Oakdale Credit Union ($70 million; Tomah, Wis.)
• Southern Lakes Credit Union ($90 million; Kenosha, Wis.)
• Park City Credit Union ($195 million; Merrill, Wis.)
• Gas & Electric Credit Union ($78 million; Rock Island, Ill.)
• MembersAlliance Credit Union ($194 million; Rockford, Ill.)
• Maroon Financial Credit Union ($41 million; Chicago)
• First General Credit Union ($58 million; Norton Shores, Mich.)
• Peninsula Federal Credit Union ($172 million; Escanaba, Mich.)
“We’re here to help credit unions boost their bottom-line performance,” said Jesse Kohl, president of InterLutions. “With over two decades of experience analyzing vendor contracts for fair pricing and value, and through application of proprietary benchmarking solutions, our experts help credit unions nationwide increase revenue and cut costs.”
Kohl added that: “2019 is just around the corner. The time for budget analysis and planning is now. We welcome any credit union looking for planning assistance and advice.”
InterLutions is a credit union service organization wholly owned by the $1.7 billion Corporate Central Credit Union of Muskego, Wis.
Kohl is also a senior vice president of Corporate Central CU.
