MILWAUKEE, WI – October 26, 2021 – InterLutions is leveraging our vast resources in pricing and service data to bring credit unions significant cost savings. Since 2017, we have helped over 60 credit unions save a combined $10 million through enhanced contract negotiation.
Our program, called CU-Save, reviews third-party vendor contracts to realign pricing, increase incentives and income, and remove restrictive service requirements leading to a much-improved and mutually beneficial agreement.
“About 90% of the credit unions we have worked with realized they were paying vendors too much,” said Jesse Kohl, President of InterLutions. “Given the high probability of success, we offer an initial cost-savings assessment at no cost or obligation to your credit union. We are also happy to report that most credit unions have been able to retain their preferred service partners with zero impact to service levels and no operational disruption.”
Utilizing an archive of invoice data and payments analytics, along with a proprietary software database of industry benchmarks, our contract negotiation team leverages the power of data to help credit unions significantly lower their operational expenses.
What contributes to our success?
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We utilize a proprietary benchmark pricing database to ensure fair market pricing
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We leverage more than three decades of experience analyzing price points offered by vendors
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We offer a paid-on-performance pricing strategy, meaning there are no costs for you unless we can save you money
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We apply an independent and impartial assessment methodology that eliminates conflicts of interest
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We maintain positive relationships with credit unions and vendors
We specialize in:
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Card processing and branding contracts
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Signature, PIN, ATM/debit card payments
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Core processing and Internet banking
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ATM purchases, equipment maintenance agreements, telecom, and more
We welcome any credit union looking for planning assistance to drive down costs and build new revenue streams.
Contact Us for a Free Evaluation
