One Perfect Solution for Taking The Pain Out of Vendor Management

June 30, 2010 – LISTERHILL CREDIT UNION is the 7th largest credit union in the State of Alabama with more than $470 million in assets. Established in 1952, Listerhill Credit Union is a not-for-profit, financial services cooperative serving more than 65,000 members at branches located throughout North-West Alabama. Credit Union members have access to cost effective financial services including but not limited to free checking, free bill pay, free ATM’s and loan products. Membership is open to people living and working in one of the 13 counties that Listerhill serves.

The Credit Union Vendor Management Program (CU Vendor) is a comprehensive solution designed specifically for credit unions to manage their vendor contract relationships. CU Vendor has been developed to satisfy the compliance requirements under NCUA’s Guidance for Evaluating Third Party Relationships Risk (NCUA Letter 07-CU-13).