Five CUs Sign with Vendor Management Vendor
Quantivate LLC said it has signed five more credit unions as users of its vendor management software and services.
They range from $2 billion Affinity FCU of Basking Ridge, N.J., to $52 million Tongass FCU of Ketchikan, Alaska, and also include $1.6 billion Texas Dow Employees CU of Lake Jackson, Texas, $339 million Global CU of Spokane, Wash., and $84 million Ball State FCU of Muncie, Ind.
Redmond, Wash-based Quantivate was founded in 2005 by disaster recovery and business continuity specialists who then formed CU Vendor in 2008 to add due diligence services from the Paragon Group and a compliance guaranty produced by the law firm of Farleigh Wada Witt.
The company said its customer list now includes about 100 credit unions as well as nonprofit organizations including World Vision, public utilities agencies and Alaska Airlines.