AUX Press Release

LAKEWOOD, Colorado (October 15, 2021) – Aux’s collaborative back office accounting and compliance services continue to be in demand as we enter the final quarter of 2021. The year started out with a bang and has continued at a pace that is record-breaking for the CUSO, as new credit unions large and small, rural and urban find value in shared services.

As loss of staffing and cost of living drag on as organizational burdens – far longer than most of us expected – the benefits of outsourced/collaborative services are ever more appealing.

Beverly Zook, President/CEO of Washington, D.C.- based Money One FCU appreciates the turnkey, strategic industry experience the Aux staff offer. “The search for a competent CFO is daunting—candidates are either way too expensive or have no knowledge of credit union operations or core processing systems. Aux fit the bill with its compliance expertise, core knowledge and extremely capable with CFO and Accountant skills. The fact that Money One FCU saved money by reducing the department to one accounting specialist was the icing on the cake for us.”

NEW Q3 2021 ACCOUNTING SERVICES CLIENTS:

Money One FCU – Largo, MD, $135M Assets
Worcester CU – Worcester, MA, $82M Assets
White Crown FCU – Denver, CO, $62M Assets
Government Printing Office FCU – Washington, D.C., $31M Assets

NEW Q3 2021 COMPLIANCE SERVICES CLIENTS:

ILWU CU – Wilmington, CA, $400M Assets
Metro Community FCU – Huntington, WV, $32M Assets

The Aux suite of collaborative back office services include full-service accounting and CFO-level services, full-service compliance (even marketing compliance!) and training, and data analytics, which was just launched in June of 2020. Learn more about Aux’s services and solutions at auxteam.com/solutions/.

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Find Us in the Press!

CUInsight: Aux Reports More Credit Unions Have Selected Its Backoffice Offerings