With a backdrop of extensive history and experience, we begin by listening to credit unions and understanding the business challenges they face. We then research possible solutions, interacting with many product manufacturers and service providers to identify those best-suited for the challenge.
After an initial high-level screening of candidate companies, we undertake a rigorous due diligence process with a short list of possible providers. We gauge their suitability by measuring an exhaustive list of factors related to quality, financial soundness, integrity and cultural fit.
This proactive Request for Proposal (RFP) process helps us identify products, services and providers that credit unions need. We evaluate each possible provider based on the following key criteria:
Once an alliance provider is chosen, we work in tandem to create an offering that’s both compelling and competitively priced. We then promote that program to credit unions, educating them on the business challenge and the corresponding solution.
Simply put, the CUNA Strategic Services alliance programs are designed to serve credit unions by: