Gila Group Announces Charge-Off Recovery Collection Services to Credit Unions

AUSTIN, Texas – Gila Corporation, through its business unit, Gila Group, is pleased to announce they have expanded their service offerings into charge-off recovery collection services.

"We have been providing outsourced services exclusively to Credit Unions for over 20 years," said Jason Schmer, Vice President of Client Development. "We realized our clients have a very real need for charge-off collection services, from a company that understands the Credit Union industry. Our experienced, professional collection staff provides solutions for charge-off recoveries that result in immediate positive impacts to the Credit Union’s bottom line," said Schmer.

The impact of a poor economy has resulted in a declining net income and net worth for many Credit Unions across the country. The lack of good recovery post charge-off is one factor that further impacts the overall performance of the Credit Unions. Gila Group has developed a very unique collection method that focuses on the unique needs of members.

"Implementing a good strategy for charged-off accounts is a key aspect of the overall collection process of Credit Unions. In this market, Gila Group’s contingency collection model is a great alternative to selling the debt," Schmer added. Gila Group offers competitive contingency fee pricing, resulting in no cost to the Credit Union pending successful collections.

Gila Group was founded specifically to manage collection operations for Credit Unions and financial institutions nationwide.

About Gila Group
Founded in 1991, Gila Group offers outsourced collections, payment processing and call center services to financial institutions nationwide. The Company provides a full suite of receivables management solutions, tailored to each client’s specifications. We empower talented employees with advanced technology, data management tools and leading edge business practices to exceed the expectations of our clients.

Gila Group distinguishes itself based on its Experience, Execution and Ethics. The Company has achieved the Professional Practices Management System (PPMS) certification from the Association of Credit and Collections Professionals (ACA International). Additionally, the Company is a SAS 70 (Type II) certified service organization. For more information about Gila Group, please visit www.GilaGroup.com or call 1-800-568-7004.