June 27, 2012 – Gainesville, GA – Black Book® and Twenty Twenty Analytics are pleased to announce a partnership benefitting credit unions nationwide. Twenty Twenty specializes in helping credit unions understand their asset valuation and the risks within their loan portfolio.
"This partnership with Black Book is a testament to our commitment in providing credit unions with a deep understanding of the potential risk in their portfolios, while utilizing the most accurate values in the industry," said Steve Miller, Director with Twenty Twenty Analytics.
Twenty Twenty Analytics will use Black Book vehicle valuations to provide credit unions key information regarding portfolio loss probabilities and how those losses fluctuate given changes in the overall economic condition. This data can then be used to recognize areas of higher risk while identifying strong opportunities for growth.
"We have a great respect for the innovative approach Twenty Twenty takes in understanding analytical data and the benefits that data provides credit unions," said Jeff Bunch, Vice President of Lender Solutions. "We believe this partnership will have a great benefit for credit unions."
NAAA Posted 6/27/2012