Gila Group Expands Collection Services in California with Client Signing

Austin, Texas – Gila Corporation, through its business unit, Gila Group, is pleased to announce they have been selected by Mokelumne Federal Credit Union to provide collection services on their delinquent accounts.

“Many credit unions lack the resources necessary to effectively collect on their delinquent accounts,” said Patrick J. Swanick, CEO of Gila Group. “We are reaching out to many credit unions to act as an extension of their staff because of the burdens brought on by a worsening economy.”

“We selected Gila Group to service our delinquent accounts because they have proven their ability to lower delinquencies. It makes economic sense to utilize an expert in the collections business like Gila Group as opposed to hiring staff internally,” said Liz Maynard, CEO of Mokelumne Federal Credit Union. Gila Group specializes in collection support services for credit unions and financial institutions nationwide.

“Credit unions need to be able to focus on the future and respond proactively to other pressures of this time instead of placing additional energy towards these accounts. By allowing us to handle them, they leverage our existing technology and proven methods, instead of having to take it upon themselves,” Swanick added. Gila Group continues to reach out to credit unions that could benefit, now more than ever, from help to improving delinquencies.

About Gila Group
Founded in 1991, Gila Corporation is a leading nationwide 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 across the country.  Through its strategic business units, Municipal Services Bureau (MSB) and Gila Group, the Corporation empowers more than 350 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. Gila Group distinguishes itself based on its Experience, Execution, and Ethics.  For more information, please visit www.GilaGroup.com or call # 1-800-568-7004.

About Mokelumne Credit Union
Mokelumne Federal Credit Union was founded in 1959. The Credit Union’s policies and operations are established and maintained by its Board of Directors, composed of non-paid volunteers. These officials are elected by the Member-Owners in a democratic voting process.

In 1996 the Credit Union’s name was GMI Federal Credit Union. Its original sponsor is General Mills Inc., employees (including retirees) employed at specific General Mills facilities. The name change to Mokelumne Federal Credit Union allowed the credit union to service additional employee groups and their immediate families in the geographic area of our charter.

In March 2006, Mokelumne Federal Credit Union was approved to expand its charter to serve all San Joaquin County. Persons who live, worship, work in, or attend school in, and businesses and other legal entities located in San Joaquin County can become a member of the Credit Union.