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Business Update from Gerry Fitzgerald
Two weeks ago, Bob Sutton sent an e-mail to all employees talking about his confidence in the future of CENTRIX. It is a confidence that I share with Mr. Sutton, and it’s one that is founded on both the company’s strong track record and the concrete action now being taken for our future.
First, I want to update you on an important breakthrough regarding funding with credit unions. Velocity Credit Union in Texas has informed us that the state regulators that oversee Velocity have granted approval for the credit union to begin participating once again in the CENTRIX program. This is a significant breakthrough as Velocity is the first credit union that we know of that has explicit approval to continue the CENTRIX program.
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