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DENVER — Access Capital Investment Group reached a milestone with the August sale of two more Centrix CU portfolios, bringing the total to $65 million for the last 12 months, said Seth Meyer, ACIG’s secondary market manager. He predicted reaching the $100 million mark by year’s end.

“We’ve specialized in developing liquidity programs for our credit union clients, specifically in the auto world,” Meyer told Credit Union Times. ACIG isn’t the only player in the sell-off of Centrix portfolios, as Ascend United of Federal Way, Wash., is offering CUs that hold Centrix paper (performing and non-performing) the opportunity to participate in a pooled portfolio designed to attract the highest possible price. AU claims to be the nation’s top seller of credit union charge-off debt and is an experienced debt recovery and collections specialist.

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