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."

"In the Nexcentri's CostPlus12 model, we've become an extension of the [credit union's] IT department," said Jason Holloway, president/CEO of Nexcentri. "Outsourcing IT allows credit unions to concentrate on their members instead of diverting energy to IT issues."

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