ORNL FCU Signs For Turnkey InsuranceProgram

June 23, 2006, 1:00 a.m. EDT 1 Min Read

OAK RIDGE, Tenn. - (06/23/06) -- ORNL FCU said Thursday it has signedwith Jack Henry & Associates' ProfitStars Insurance unit toprovide it with an outsourced property and casualty insuranceagency. ProfitStars Insurance Agency Solutions Group allowsfinancial institutions to own complete insurance agencies withoutmaking a significant capital investment. ORNL FCU will undertakethe venture through CU Community LLC CUSO, a wholly owned CUSO ofthe $1 billion credit union.

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