2007-03-27 20:37:00 -
AUSTIN, Texas, March 27 /PRNewswire/ -- Gila Corporation, through its Gila Group business unit, has signed a collections outsourcing agreement with Bethpage Federal Credit Union. Gila Group will handle the collection of all delinquent auto loan accounts, beginning with those classified as ten days delinquent until charged off by management. "Gila Group staff act as defacto employees of the Credit Union, so the process is seamless to Bethpage's members," says Patrick J. Swanick, Gila Corporation's Chief Executive Officer.
"We selected Gila Group because they specialize in collections for credit
unions and financial institutions," says Tony Figlio, VP of Lending for Bethpage Federal Credit Union. "They have an excellent performance record for managing this type of service and I know they will be sensitive to the needs of our members," says Figlio. "In addition, Gila Group will handle all repossession matters relative to Credit Union loan accounts, allowing Bethpage to focus on our core competencies of providing great service to our members while minimizing charge-offs," says Figlio.
All Gila Corporation employees agree to and sign a Professional Collector's Pledge to ensure that the highest standards are maintained throughout all interactions with a Credit Union's members. A copy of the pledge can be viewed on our website at http://www.gilacorp.com/pledge.aspx.
About Gila Corporation
Founded in 1991, Gila Corporation is a leading provider of outsourced revenue recovery products and services in the country. Headquartered in Austin, Texas, Gila Corporation offers outsourced collections, payment processing and call center services to governmental entities and financial institutions nationwide. Through its strategic business units, Municipal Services Bureau (MSB) and Gila Group, Gila Corporation empowers more than 250 talented employees with advanced technology, data management tools and leading edge business practices to exceed the expectations of its clients. Gila Group specializes in outsourced collections and customer service functions for financial institutions nationwide. For more information about Gila Group, visit http://www.gilagroup.com/ or call # 1-800-568-7004.
About Bethpage Federal Credit Union
Bethpage Federal Credit Union is a full-service financial institution, committed to providing our members with extraordinary value and service, anytime, anywhere. We're headquartered on Long Island in Bethpage, NY, and have assets of over $2.4 billion with a broad membership base of more than 141,000 members nationwide.
Source: Gila Group
