SERVICE PROVIDER Policy
A. Philosophy Re: Service Providers
Creating beneficial and effective relationships with Service Providers is essential to the successful operations of the Credit Union. Service Providers enable the Credit Union to be able to provide services more efficiently and effectively and to provide valuable financial services to members that cannot be offered through the traditional credit union model. The Credit Union will evaluate its internal resources and determine whether there are strategic and/or business benefits to using Service Providers for specific services. The Credit Union desires to work to create long term service partnerships with trusted Service Providers that are mutually beneficial. Some of the Service Providers used by the Credit Union will be credit union service organizations (CUSOs). The issues the Credit Union will consider prior to investing in a CUSO are set forth in the Credit Union’s CUSO Investment Policy.