This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Insuritas Agency Solution Leveraged To 16 New Credit Unions Through Central Star Financial Solutions - A CU Owned CUSO

EAST WINDSOR, Conn., Feb. 14, 2013 /PRNewswire/ -- Central Star Financial Solutions (CSFS) located in Wichita, Kansas partnered with Insuritas in 2011 to provide its turnkey insurance agency solution to the members of Central Star Credit Union. After that early success, Insuritas worked with CSFS to deliver its turnkey insurance agency solution through CSFS to 16 additional credit unions to provide these partner credit unions with a full line of insurance products for their members use through the CSFS Agency complex. The newest credit union to partner with CSFS is Medical Community Credit Union in Wichita.  "We want to serve our members well.  This partnership will help us do that," says MCCU president Larry Schmitz.

"Our focus on growth during 2013 includes offering a revenue stream to our partner credit unions for auto and home policies we issue on behalf of their members," says Matthew Hamm, Central Star Financial Solutions, CEO.  "It's another value credit unions can offer their members."  CSFS staff offers insurance products and free quotes to every member who closes a mortgage.  "Because CSFS serves credit union members throughout the state of Kansas, the cross-selling opportunity is unique," says Hamm.  "We will be assisting partner credit unions in marketing our insurance products, and providing valuable tools for members, such as an online Quick Quote function that was pioneered by Insuritas."

According to Jeffrey Chesky, CEO at Insuritas, "In the credit union community, larger credit unions are using their CUSO's to extend product and service capabilities to some of the smaller credit unions in their market, allowing credit unions like Medical Community Credit Union, at $17 million in assets, to offer the products and services of a larger financial institution without the investment of capital these solutions often require." Chesky continued, " Matt Hamm and the team at Central Star Financial Solutions have been incredible to work with, allowing us to extend our turnkey insurance agency solution through their CUSO to 16 credit unions that we would not have been able to service directly."

Central Star Financial Solutions is a CUSO (Credit Union Service Organization) located in Wichita, Kansas, that provides mortgage and insurance products to credit unions and their members. The credit unions currently partnering with CSFS are: Ark Valley CU, Bell CU, Bluestem Community CU, Catholic Family Federal CU, Campus CU, Central Star CU, Crossroads CU, Hutchinson Postal & Community CU, Kansas Air Guard CU, Kansas Blue Cross Blue Shield CU, Medical Community CU, New Century CU, Parsons Pittsburg CU, Topeka City Employees CU, Topeka Police CU, and Veterans Administration CU.  The products include mortgage originations and a full service, independent insurance agency.

Insuritas enables banks and credit unions to own a complete insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks. Through a cost-effective outsourcing service, financial institutions leverage Insuritas' proven, end-to-end insurance agency solution. Insuritas is located in East Windsor, CT. Additional information is available at www.insuritas.com .

SOURCE Insuritas, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,067.56 -30.89 -0.18%
S&P 500 2,002.28 -1.09 -0.05%
NASDAQ 4,598.1880 +17.9170 0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs