FivePoint Credit Union to Focus on Building Non-Cyclical Fee Income Strategy
Insuritas, the nation’s top ranked provider of turnkey insurance agencies, announced it has been hired by FivePoint Credit Union ($439 million in assets) located in Nederland, TX to open a turnkey insurance agency for the benefit of its over 45,000 members.
Jeff Chesky, President and CEO of Insuritas, noted: “FivePoint Credit Union’s Board of Directors and management realized that providing insurance products to their members is a natural extension of their core business and leverages the powerful brand equity and trusted relationships they’ve created throughout Southeast Texas.” Chesky added “Our deployment team will have FivePoint’s new full service insurance agency up and operational in 90 days. Rather than building a new agency from scratch or purchasing an existing agency FivePoint’s leadership team concluded that Insuritas, with its LoanINSURE® and SmartCART Technology℠, was the best solution for their members.”
Click Here to ready more of the press release.