Gila Group Secures Newest Client - FAIRWINDS Credit Union

2008-05-13 19:42:59 -

www.GilaGroup.com - Gila Corporation, through its business unit, Gila Group, is pleased to announce they will be working with FAIRWINDS Credit Union to collect on their delinquent accounts. Gila Group has agreed to provide a customized phone collection service for new and used auto loans as well as unsecured and personal lines of credit beginning at 10 days delinquent until charged-off. In addition, they will handle all repossession accounts for FAIRWINDS.

"We strive to continuously deliver results which lower delinquencies for our clients which is why we were selected by FAIRWINDS," said Patrick J. Swanick, Gila Corporation's Chief Executive Officer. Gila Group specializes in collection support services for credit unions and financial institutions nationwide. "We selected Gila Group because they have a long history of assisting credit unions with controlling delinquencies and charge-offs," said Kathy Chonody, Sr. EVP/CFO of FAIRWINDS Credit Union.

About Gila Corporation

Founded in 1991, Gila Corporation is a leading provider of receivables management and business process outsourcing solutions. Headquartered in Austin, Texas, the Company offers outsourced collections, payment processing and call center services to governmental entities, financial services clients and higher education institutions nationwide. Through its strategic business units, MSB and Gila Group, Gila Corporation empowers more than 300 talented employees with advanced technology, data management tools and leading edge business practices to exceed the expectations of its clients.

MSB collects delinquent court fines, fees and debts for a wide variety of governmental entities nationwide. Gila Group specializes in outsourced collections and customer service functions for financial institutions. For more information about Gila Corporation, please visit www.GilaCorp.com or call 1-800-568-7004.

About FAIRWINDS Credit Union

FAIRWINDS Credit Union is the largest financial institution based in Central Florida, with assets approaching $1.7 billion, more than 145,000 members and nearly 600 employees. Headed by President and CEO Larry Tobin, the financial cooperative established in 1949 is open to anyone living or working in Orange, Seminole, Volusia, Osceola, Polk, Brevard or Lake counties, including The Villages. Membership also is available to family of members who live outside the seven eligible counties. For more information, visit www.fairwinds.org.

Gila Corporation
D/b/a Gila Group
Bruce Cummings, 512-323-4231
Chief Marketing Officer
Bruce.Cummings@GilaCorp.com