Five more credit unions have signed up for the vendor management software and services from Quantivate LLC, the company said.
They range from the $2 billion Affinity FCU of Basking Ridge, N.J., to the $52 million Tongass FCU of Ketchikan, Alaska, and also include the $1.6 billion Texas Dow Employees CU of Lake Jackson, Texas, the $339 million Global CU of Spokane, Wash., and the $84 million Ball State FCU of Muncie, Ind.
Redmond, Wash.-based Quantivate was founded in 2005 by disaster recovery and business continuity specialists and then formed CU Vendor in 2008 to add due diligence services from the Paragon Group and a compliance guaranty produced by the law firm of Farleigh Wada Witt.
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The company said its client list now includes about 100 credit unions as well as nonprofit organizations including World Vision, public utilities agencies and Alaska Airlines.
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