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Nexcentri Evolves to Become Extension of IT Department, CUSO Already Serving 30 Credit Unions

Over a six-year span, Nexcentri, LLC has evolved from a credit union services company to an information technology CUSO and along the way it says it has created a new model to bring a la carte IT services to the industry.

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TAMPA and MELBOURNE, Fla. — Over a six-year span, Nexcentri, LLC has evolved from a credit union services company to an information technology CUSO and along the way it says it has created a new model to bring a la carte IT services to the industry.

Founded in 2001, Nexcentri became a CUSO in August 2007 with its majority owner being $338 million Tampa Bay Federal Credit Union. Through its CostPlus 12 model, it aims to offer three ways to help credit unions with their day-to-day IT challenges: IT services, custom application development, and solution, or vendor procurement from software and hardware companies. CostPlus is described as Nexcentri’s “internal cost plus twelve percent.”

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