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Gila Group Signs New Client - Greater Nevada Credit Union

Tue Feb 12, 2008 10:35am EST
AUSTIN, Texas--(Business Wire)--
Gila Corporation, through its strategic business unit, Gila Group,
has entered into an agreement with Greater Nevada Credit Union to
collect on their delinquent accounts. Gila Group will be providing a
turnkey phone collection service including handling all delinquent
auto, unsecured and 1st mortgage loans beginning at 11 days delinquent
until charged-off. Gila Group provides collections support services to
credit unions and financial institutions nationwide.

   "Expanding our client base into Nevada with a client as
significant as Greater Nevada Credit Union confirms our position as an
expert in the credit union collections industry," said Patrick J.
Swanick, Gila Corporation's Chief Executive Officer. "We chose Gila
Group because this is all they do, collect on delinquent accounts for
credit unions, and they are the experts," said Marisa Whitesides,
Greater Nevada's Vice President of Risk Management. "They understand
the needs of Credit Unions and more importantly they understand the
needs of our members," said Ms. Whitesides.

   About Gila Corporation

   Founded in 1991, Gila Corporation is a leading provider of
outsourced revenue recovery products and services in the country.
Headquartered in Austin, Texas, Gila Corporation offers outsourced
collections, payment processing and call center services to
governmental entities and financial institutions nationwide. Through
its strategic business units, Municipal Services Bureau (MSB) and Gila
Group, Gila Corporation empowers more than 280 talented employees with
advanced technology, data management tools and leading edge business
practices to exceed the expectations of its clients. Gila Group
specializes in outsourced collections and customer service functions
for financial institutions nationwide. For more information about Gila
Group, visit www.GilaGroup.com or call # 1-800-568-7004.

   About Greater Nevada Credit Union

   Greater Nevada Credit Union is a financial cooperative that has
served northern Nevada consumers since 1949. They have more than
50,000 members and $500 million in assets. Nearly anyone living or
working in northern Nevada can join them.

Gila Corporation
D/b/a Gila Group
Bruce Cummings, 512-323-4231
Chief Marketing Officer
Bruce.Cummings@GilaCorp.com

Copyright Business Wire 2008



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