MnIPC grows client list during the 1st quarter
Throughout the first quarter, MnIPC increased its number of clients through the expansion of its service to NorthRidge Community Credit Union in Virginia, Minn., and the addition of New Mexico Energy Federal Credit Union in Albuquerque, New Mexico. These two credit unions join more than 100 credit unions nationwide that use MnIPC's cost-effective services for member share draft and deposit processing.
Building upon a nearly 10-year relationship with NorthRidge Community Credit Union, MnIPC recently added deposits to its list of services for the credit union. Serving as a high-tech, high-touch organization, MnIPC has provided superior service to credit unions in the Minnesota market by continually offering visionary products and services.
The addition of New Mexico Energy FCU continues MnIPC's national expansion. Building upon a long history of superior service in the Minnesota market, MnIPC began expanding its service to credit unions around the country several years ago. This expanded focus has enabled the company to reach more credit unions and showcase its service on a national level.
Check out MnIPC today and experience its superior service and visionary products. For more information, contact MnIPC Vice President Michelle Carlson by email or at (651) 288-5551.
New CSS alliance provider analyzes loan portfolios
A new alliance between CUNA Strategic Services (CSS) and Twenty Twenty Analytics will offer analysis services to identify strengths and weaknesses in credit union loan portfolios. With 60 collective years of credit union industry knowledge, this organization helps credit unions minimize risk and improve their portfolios.
Twenty Twenty Analytics provides risk analysis of commercial and consumer loans and identifies regional factors that affect credit union portfolios. Working exclusively with credit unions, this organization successfully helps them navigate challenging exams. Twenty Twenty Analytics' services include:
- Specific loan grading;
- Collateral valuation for real estate, consumer loans, commercial machinery and commercial properties;
- Portfolio stress analysis;
- Loan loss probability analysis;
- Loan loss validation;
- Concentration of risk assessment;
- Residual reserve for leases; and
- Customized loan modeling.
Check out Twenty Twenty Analytics today and discover how you can improve your credit union's loan portfolio. For information about Twenty Twenty Analytics and other CSS providers, contact MnCUN Director of Business Development Vickie Ganrude by email or at (651) 288-5515.