Some people know a good thing when they see it, and it didn't take long for Bob Cowie, EVP at $530 million NorthCountry Credit Union in Burlington, Vermont to see the value proposition offered by CU Revest. After all, what credit union wouldn't jump at the chance to recover capital from old, abandoned charge offs and, at the same time, reinstate good, prior-prime members who have repaid their obligation, gotten back on their feet, and requalified for membership? Now, two years later, Bob knows he made a good decision. "CU Revest presented us with a very innovative solution to a difficult problem: how to recapture money that collection agencies failed to collect. It became immediately apparent that they are not a collection agency - they're in the member recovery business. And because it didn't cost anything to try them out, we had nothing to lose. As it turns out, CU Revest exceeded our expectations." Cowie continued, "CU Revest helps charged off members manage their obligation to the credit union, and they do it in a way that benefits both the credit union and the members. Even before we decided to partner with CU Revest, they performed a no-obligation valuation of our charge off portfolio and told us in advance what to expect for the first three years. Two years into the program we are well ahead of projections. In addition, we've received numerous testimonials from members, praising the respect and dignity with which CU Revest has helped them."