Five more credit unions have signed up for the vendor management software and services from Quantivate LLC, the company said.
They range from the $2 billion Affinity FCU of Basking Ridge, N.J., to the $52 million Tongass FCU of Ketchikan, Alaska, and also include the $1.6 billion Texas Dow Employees CU of Lake Jackson, Texas, the $339 million Global CU of Spokane, Wash., and the $84 million Ball State FCU of Muncie, Ind.
Redmond, Wash.-based Quantivate was founded in 2005 by disaster recovery and business continuity specialists and 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 client list now includes about 100 credit unions as well as nonprofit organizations including World Vision, public utilities agencies and Alaska Airlines.
