Executive Change: CU Recovery Forms Biz Dev Department, Names First Manager

CU Recovery, Inc. and the Loan Service Center, Inc., a full-service collection agency and collection staffing solution for credit unions, has named Bryan Moffitt as Business Development Manager in a newly created position, effective immediately.

Bryan will be responsible for nationwide research and development of new market opportunities in underserved collection segments within the credit union industry. His focus will be creating collection strategies that meet individual credit union needs from the comprehensive suite of programs offered by CU Recovery and The Loan Service Center. The new position will upgrade the company service offering to clients, assuring that they will received the utmost benefit when and where it is needed.

Joining Bryan on the newly created business development team is Emily Ericksen, who has been promoted to Business Development Representative. Bryan has successfully served as a Territory Manager for CU Recovery and The Loan Service Center the last 8 years. Emily was named the 2011 top collector for CU Recovery.

Bryan Moffitt

“With growth and a changing marketplace in the collection industry, the creation of a Business Development department strengthens our ability to meet the needs of our customers,” noted Wendy Elieff, Vice President of Sales & Service. “Bryan’s unique ability to understand and develop action plans based on client needs was a key factor in creating the new position as part of our strategic reorganization.”.

Since 1990 CU Recovery, Inc. and The Loan Service Center, Inc. are collection solutions operating exclusively for credit unions, meeting collection needs with a comprehensive one-stop-shop for all subjects relating to minimizing loan loss and maximizing recoveries from non‐performing loans. CU Recovery is a full service collection agency dedicated to the recovery of charged off loans. The Loan Service Center provides staffing solutions for credit union collection departments to minimize losses on their active delinquent loan portfolio.