BAD AXE, Mich. — Three area credit unions have teamed up to create a new CUSO called Strategic Income Solutions LLC, which will focus on offering bottom-line-building products and services to cooperatives.
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Alpena Alcona Area CU ($278 million), Frankenmuth CU ($292 million) and Team One CU ($383 million) are the three founding members of the CUSO. Among the products and services SIS will are check printing, card personalization, identity theft protection, insurance and mortgage products.
Penny St. Cyr has been named CEO of the new CUSO and brings more than 20 years of experience in both the credit union and insurance industries.
