Six more credit unions have signed on for third-party collections services from Lending Solutions Inc. in Elgin, Ill., the company said.
LSI said they are the $106 million Centric FCU in West Monroe, La.; the $19 million Compass Financial FCU in Medley, Fla.; the $225 million Earthmover CU in Aurora, Ill.; the $70 million R-G FCU in Belton, Mo.; the $52 million Sno Falls CU in Snoqualmie, Wash.; and the $27 million Tri-Cities Community CU in Kennewick, Wash.
The turnkey service includes collection of all types of debt, early-stage delinquency programs and use of the CenterPoint portal through Allied Solutions, LSI said.
LSI said it now provides lending and other member services and consulting to more than 300 credit unions, banks and mortgage companies.