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CUNA Mutual Group Selects Systems & Services Technologies as the Preferred Partner to Provide Auto Loan Servicing Solutions; Partnership Enables SST to Offer Auto Loan Servicing Solutions to CUNA Mutual's Collateral Protection Customers.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- CUNA Cuna

Chibchan-speaking Indian people who once occupied the central region of what is now Panama and the neighbouring San Blas Islands and who still survive in marginal areas. In the 16th century they lived in federated villages under chiefs who wielded considerable power.
 Mutual Group, the leading provider of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to credit unions, has selected Systems & Services Technologies, Inc. (SST SST: see airplane. ), the nation's leading independent loan servicer This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
, to provide auto loan servicing Loan servicing is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type loan and the terms negotiated between the firm and the investor seeking their services.  solutions to CUNA Mutual's collateral protection customers and their members.

The partnership means that SST will provide auto loan servicing solutions designed to help credit unions improve member service and mitigate collateral lending exposure. The agreement means that CUNA Mutual's Collateral Protection offerings to credit unions will now expand to include: Full Outsource Servicing (call center and collections support), Title Administration, Vehicle Remarketing and Payment Processing.

"This partnership enables CUNA Mutual to expand its credit union products with complementary auto loan servicing solutions. SST proved to be best-of-breed and has been selected as our preferred partner to sell Full Outsource Servicing, Title Administration, Vehicle Remarketing and Payment Processing as part of our Collateral Lending Risk Management solution," said Tim O'Meara, Vice President & Product Manager for CUNA Mutual.

"As a loan servicing partner, we're dedicated to helping credit unions achieve their unique goals and improve the overall member experience through our enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information;  offerings," said Kevin Pruner, Vice President & National Sales Manager for SST. "We're proud and excited to be a part of the CUNA Mutual family and we're confident that together we'll provide the best-in-class auto lending solutions to the credit unions and the members they serve," said Jody Meth, SVP SVP S'il Vous PlaĆ®t (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 & Global Product Executive for SST.

The partnership is effective immediately, so SST and CUNA Mutual will be reaching out to CUNA Mutual's credit union customers and their members nationwide. For more information go to www.sst-mo.com/credit_union.

About CUNA Mutual

CUNA Mutual Group is the leading provider of financial services to credit unions and their members worldwide. More information on the company is available at www.cunamutual.com.

About SST

SST is recognized as the nation's leading independent, third-party, servicer of consumer receivables. Managing several billion in active receivables, SST brings a wealth of experience, flexibility, and cost-effective customized solutions to lenders and their borrowers. In addition to automotive loans and leases, SST provides active servicing solutions for marine, motorcycle, power sport vehicles, signature loans (home improvement) and credit card receivables. SST is also the leading provider of back-up and master servicing for asset backed securities transactions and warehouse lending structures. For more information on SST go to sst-mo.com.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2006
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