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NACUSO Marketplace Provider

Organization Name: Credit Unions First
NACUSO Membership: Gold
Year Formed: 2023
Description of Your Services: Credit Unions First was created by individuals that have a combined 90 years’ experience in Collateral Protection plans. Knowing that Insurance Companies and TPA’s have profited from Credit Union’s CPI plans since inception of the product, they pulled together to turn this around so that the Credit Unions can keep more dollars on their books and benefit from some of the underwriting profits that the Insurance Companies enjoy. Provided transparency through a 24/7/365 performance Navigator Dashboard so that there are no surprises. Manage your claims and post new reserves.
Services You Provide:
Why should a credit union use your services?: CU Benefits: * More Control of Your Collateral Protection Plan * Credit Union Customizes the Plan with Complete Coverage Options and Flexible Pricing * Non-Interest Income by Posting Unused Premium Reserves to Your Books * Protected Loan Loss Reserves * New Efficiencies * Employee and Member Friendly Services * Compliant And Not a Target of The CFPB, Unlike Force-Placed CPI * Experience Reduced Loan Delinquencies and Repossessions * Real-Time Cloud-Based Navigator Platform - Program Performance Data – 24/7/365
Number of Credit Union Customers: 1
Percentage of Users/Customers that are Credit Unions: 100
Are You a CUSO?: Yes
Are there investment opportunities for credit unions?: Yes
Describe Your Business Model:Fee for services.
Are you currently seeking additional users/customers?: Yes
Do you offer discounts or other benefits for NACUSO Members?: No
Contact Information:Dan DaggettCheif Strategy OfficerPO Box 13
29 Baskahegan Rd.
Brookton, ME 04413

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