This Day On The Street
Continue to site
ADVERTISEMENT
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

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.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs