CUNA Strategic Services Inc., owned jointly by Credit Union National Association (CUNA) and the state leagues, saved credit unions more than $20 million in 2016 through its alliance program. CUNA Strategic Services, with our alliance providers, offers products and services that contribute to credit unions’ bottom lines, add to their peace of mind and enhance their relationships.
We begin by listening to credit unions in an effort to understand the business challenges they are facing. We then research possible solutions, interacting with many product manufacturers and service providers to determine the type of program best suited to assist our nation’s credit unions. After an initial high-level screening of candidate companies, we undertake a rigorous due diligence process with a short list of possible providers. We gauge their suitability by measuring an exhaustive list of factors related to quality, financial soundness, integrity and cultural fit. Once an alliance provider is chosen, we work with them to create a compelling and unique offering that is competitively priced and designed to help credit unions compete effectively. We then promote that program to credit unions, educating them on the business challenge and the corresponding solution.
The CUNA Strategic Services alliance programs are designed to serve credit unions by: