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South Texas FCU Saves Half a Million Dollars with Vendor Contract Negotiations

March 2021

Even from the beginnings of only 34 members in 1952, South Texas Federal Credit Union always has focused on its motto of “Exceeding Everyone’s Expectations” even during the pandemic. Thanks to JMFA’s contract renegotiation services, CEO Gerardo Paz was not only able to continue the service with his current vendor, but they also saved expenses, hours, and many headaches, a win-win situation. 

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About JMFA

For decades, JMFA has helped credit unions to better serve their account holders with a fully disclosed overdraft solution—including the industry’s only 100% compliance guarantee—and to save on vendor contract negotiations.

JMFA continues to be one of the most trusted names in the industry. Whether it’s recovering lost non-interest income, providing a better member service or negotiating the very best deal with your vendors, JMFA helps you achieve measurable results with proven solutions.