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Allegacy Services LLC has grown its insurance division with the purchase of Estate and Business Insurance Services LLC, an insurance agency located in Winston-Salem, N.C.Estate and Business, which provides group health and dental insurance to approximately 200 companies as well as individual health plans, has merged with Allegacy’s JBA Benefits to provide group health, life, business insurance and property and casualty needs. Founded in 1983, JBA Benefits was acquired by Allegacy Services in January 2007.The acquisition expands the CUSO’s client service department and sales group enabling it to provide more cost-effective insurance solutions, said Ray Crouse, president of Allegacy Services, which is a wholly owned subsidiary of Allegacy Federal Credit Union.

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Peter Westerman

Credit Union Times

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