New Partnership Keeps Cash Flow Moving For Maryland & District of Columbia Credit Union Association Members

In today’s tough economy having sufficient cash flow is critical, especially for credit unions that need be in a position to help members during difficult financial times while also protecting themselves from excessive risk. To help member credit unions maintain this delicate balance, the Maryland & District of Columbia Credit Union Association has chosen to partner with AmerAssist A/R Solutions, a leading national provider of cash flow management and accounts receivable collection solutions.

“AmerAssist’s use of technology and automation is what most impressed us about the collections product suite,” said Paul Rosenberger, Chief Services Officer of the MD & DC Credit Union Association. “Collections are one of the most difficult operational areas for a credit union as they look to balance the need to protect the credit union, yet work with members through tough times. We’re confident AmerAssist has the right approach and the ability to complement and enhance a credit union’s existing process.”

Paul Stang, VP of Association Programs at AmerAssist said, “I was excited when John Ylitalo, our Maryland Vice President, presented us with the opportunity to partner with the members of the Maryland & District of Columbia Credit Union Association. Our management team has over thirty years of experience helping credit unions. We understand how critical cash flow is to a financial institution as well as the sensitivity needed to resolve delinquent receivables in a member-owned institution like a credit union.”  Paul adds, “It’s the reason we invest heavily in technology to maintain a seamless, efficient process to maximize cash flow for our customers, as well as highly trained collection professionals who achieve exceptional results without endangering important customer relationships. We’re looking forward to a long successful relationship with the MD & DC Credit Union Association.”

AmerAssist A/R Solutions is one of the most experienced companies providing cash flow, accounts receivable and outsourcing solutions to over 10,000 credit grantors across the U.S. AmerAssist’s licensed and bonded services are endorsed by over 100 national trade and professional associations.

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The Maryland and District of Columbia Credit Union Association (MDDCCUA) is the premier regional trade association for credit unions in the state of Maryland and the District of Columbia. By providing leadership, innovation and support in three strategic areas, Advocacy, Community Outreach and Services, The association helps to strengthen and expand the credit union movement in an effort to improve the lives of people who live, work, attend school and worship within our region.