GREENWOOD VILLAGE, Colo.–Gateway Services Group, a provider of customized solutions for credit unions and CUSOs, has launched GSG Consulting Solutions, which it is describing as a unique CU and CUSO advisory service "dedicated to the creation and expansion of collaborative growth opportunities for credit unions."
“Credit Unions and CUSOs need fresh, new ideas to navigate the unchartered waters of a post-pandemic, volatile economy," said ateway Services Group CEO Scott Jentz. "We have tapped Judy Sandberg to lead our efforts. She is an industry expert and is known for developing creative solutions and leveraging her expertise in collaboration.”
The company said Sandberg’s unparalleled expertise stems from her extensive financial services career which includes bank and credit union commercial lending, loan sales, loan securitization, and new business formation with powerhouse organizations such as Norwest Bancorporation (now Wells Fargo), the National Cooperative Bank, and Callahan & Associates.
Sandberg has supported the formation of many successful CUSOs and served as a member of the NACUSO board of directors from 2004 – 2016.
“I am very excited to take on this new challenge," said Sandberg. "I truly believe that out of market turmoil comes opportunity. Credit Unions and other lenders are currently facing significant challenges with historic low liquidity and high interest rates. NOW is the perfect time to step back and look at new opportunities for 2023 and beyond. By working together and taking advantage of new solutions, I am looking forward to assisting credit unions and CUSOs that need to develop and implement new growth strategies. GSG Consulting Solutions will take a 360-degree approach and our focus may include alternative exit strategies for assets, tuning up lending policies and procedures, and implementing systems to monitor loan portfolios as we enter a potential recession.
"We are able to support clients as an outsourced advisory resource or on a project basis. We will leverage our experience in commercial lending, residential lending, loan participations, loan sales, and CUSO formation and CUSO management," Sandberg continued. "We are assisting companies looking to expand their business in the credit union industry and I am looking forward to working with credit unions and CUSOs to find new collaborative opportunities for asset growth and expanded member service.”