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New CSS alliance provider analyzes loan portfolios

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MADISON, Wis. (3/12/12)--A new alliance between CUNA Strategic Services, Inc. (CSS) and Twenty Twenty Analytics will offer analysis services to identify strengths and weaknesses in credit union loan portfolios.

The Clearwater, Fla., company has more than 60 collective years of credit union industry knowledge, providing risk analysis of commercial and consumer loans, and identifying regional factors that affect credit union portfolios.

"Twenty Twenty Analytics' strength is derived from the fact it works exclusively with credit unions," said Wes Millar, CSS senior vice president. "Additionally, the company has experience working face-to-face with examiners, helping credit unions successfully navigate challenging exams."

Twenty Twenty Analytics' services include:

  • Specific loan grading;
  • Collateral valuation for real estate, consumer loans, commercial machinery and commercial properties;
  • Portfolio stress analysis;
  • Loan loss probability analysis;
  • Loan loss validation;
  • Concentration of risk assessment;
  • Residual reserve for leases; and
  • Customized loan modeling.
CSS "has a proven track record of staying in the forefront of credit union needs, and we could not ask for a better business relationship in this dynamic environment," said Steve Miller, director of operations for Twenty Twenty Analytics.

Coopera revamps Hispanic outreach online resource for CUs

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DES MOINES, Iowa (3/12/12)--Coopera Consulting has revamped its CooperaConsulting.com site to provide improved online resources for credit union staff seeking educational materials and affordable products for reaching the emerging Hispanic market.

Coopera Vice President Miriam De Dios said the site aims to help credit unions better understand the Hispanic community while also offering best practices for tailoring products and services for Hispanic outreach programs.

All site visitors can access the Coopera blog written by employees and credit union staff to provide financial industry trends, Hispanic community highlights and tips from credit unions.

Visitors can also sign up for a free monthly e-newsletter, "Hispanic Outreach Insights," to gain practical ideas for working with local Hispanic communities.

Other site features include information about new products, including the reloadable, prepaid Coopera Card. The site offers consumer tools developed in conjunction with the Credit Union National Association (CUNA), such as Spanish-language Web sites and training seminars.