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FINANCIAL STANDARDS GROUP, INC. SIGNS AGREEMENT WITH INDIANA CREDIT UNION LEAGUE

 BOCA RATON, Fla., Jan. 12 /PRNewswire/ -- Financial Standards Group, Inc. (FSG) a wholly owned subsidiary of International Standards Group, Ltd. (NASDAQ: ISGI) today announced that it has entered into an arrangement with the Indiana Credit Union League to provide auditing and management advisory services at preferential rates to Indiana's 330 credit unions. Under the terms of the agreement, Indiana League member credit unions which hire FSG will receive a 5 percent discount on all auditing services.
 Indiana Credit Union League will distribute FSG promotional material through mailings and their consulting staff. FSG will provide technical articles for League publications and speakers for conferences and seminars. Clients will be served through existing offices in Louisville, Ky. and Grand Rapids, Mich.
 "We are extremely pleased to add Indiana to the growing list of states where we conduct audits. At our normal penetration rate, we expect that this agreement will add sufficient audits in fiscal 1994 to place us on target for our projected growth in the Midwest Region," said Barbara Loescher, president of FSG.
 Financial Standards Group, Inc. assists credit unions and their supervisory committees in performing comprehensive annual audits to satisfy regulatory requirements, as well as providing internal audits and management advisory services. FSG has been endorsed by the Kentucky, Michigan and Hawaii credit union leagues as the preferred provider of auditing services to credit unions in those states.
 -0- 1/12/94
 /CONTACT: Gary Kelman of International Standards Group, Ltd., 407-997-5880; or Bill Bosso of Niagara Financial Services, 407-241-2888, for Financial Standards Group/
 (ISGI)


CO: Financial Standards Group, Inc.; Indiana Credit Union League ST: Florida, Indiana IN: FIN SU:

RK-AW -- FL004 -- 1395 01/12/94 11:51 EST
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Publication:PR Newswire
Date:Jan 12, 1994
Words:278
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