OLYMPIA, Wash. — The $540 million TwinStar Credit Union here announced today that it has assumed control over Paragon Consulting Group, an Olympia-based management-training firm under a CUSO arrangement.

"One of the significant challenges for credit unions today is to find high quality management training programs for our employees," said Marshall Ellison, CEO of TwinStar. "The Paragon Group has been providing this expertise to us and other credit unions for many years, so it was just a natural fit."

The Paragon Group founded in 1995 conducts a variety of strategic and succession planning seminars, forums and training services for CUs. It sponsors the Volunteer Leadership Institute each January with the VLI designed for CU directors involved in supervisory and management committees.

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TwinStar said the CUSO deal was consummated July 1. A spokesman for Paragon referred calls to James This, who co-founded the firm with Bernie Benson.

The Paragon Web site noted the firm's efforts in building leadership skills and "quality client relationships" with CUs across the U.S.

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