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.”
About Black Book
Black Book® is best known in the Automotive Industry for providing timely, independent, and accurate vehicle pricing information. Black Book data is published daily by National Auto Research, a division of Hearst Business Media, and is available to industry qualified users through subscriptions to our website (www.BlackBookUSA.com), applications for mobile devices such as iPhone, iPad, Android, Windows 7, BlackBerry, Palm and virtually any other Smart Phone sold in the U.S., and via a wide variety of regularly published guides. Black Book Data is also available to industry qualified companies for license and sublicense through proprietary web services, APIs, and data feeds. Black Book’s mission is to provide the Automotive Industry with timely, independent, and accurate information to help make the right decisions.
About Twenty Twenty Analytics
Twenty Twenty Analytics is the premier Loan Portfolio Analytic Service Provider for Credit Unions. Over the last three years Twenty Twenty’s team of specialized analysts have evaluated more than $100 Billion in commercial and consumer loans for Credit Unions throughout the United States. Because they work exclusively with credit unions, Twenty Twenty understands the unique attributes of their loan portfolios. They have met with NCUA examiners to specifically understand what they are looking for during credit union exams and designed their models to meet these requirements. This has allowed credit unions to minimize the disruption of an exam. In addition, and perhaps more importantly, clients have learned a great deal about their portfolios as a result of the analysis.