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Contacts: David Frankil
703-842-2226
dfrankil@nafcu.org
Loretta Dodgen
704-716-3451
ldodgen@hcsgroupusa.com
FOR IMMEDIATE RELEASE
August 20, 2009
NAFCU SERVICES SELECTS HCS GROUP AS EXCLUSIVE PARTNER FOR HUMAN CAPITAL MANAGEMENT & ORGANIZATIONAL DEVELOPMENT SOLUTIONS
WASHINGTON — NAFCU Services Corporation (www.nafcu.org/nafcuservices) announced today the selection of Human Capital Solutions Group as its Preferred Partner for Human Capital management and organizational development solutions. After a rigorous evaluation process, HCS Group was selected to provide credit unions with both strategic and tactical solutions for talent management and organizational growth needs.
In response to an increasing need for HR services, an existing NAFCU Services Preferred Partner, Burns-Fazzi, Brock, partnered with Dr. Loretta Dodgen and Dr. Malinda Lowery to form HCS Group. As co-founders of a human resources firm in Charlotte, N.C., Drs. Dodgen and Lowery bring a collective 40+ years of experience in providing comprehensive HR solutions.
“We want to enable credit unions to more effectively and efficiently manage the resource that is the most valuable to manage and the largest budget line item – people,” said Loretta Dodgen, the managing partner of HCS Group. “It is rewarding to work with a credit union that is exploring its options and repositioning - an organization in transition with new leadership and new opportunities, or one needing new strategies to reward and retain excellent performance.”
Two HCS Group suites of services are recommended by NAFCU Services via the partnership. The first is designed to leverage human capital through human resources solutions, like personnel policies and handbooks, as well as personnel selection systems. The second addresses the broader areas within the organizational environment, like restructuring planning; succession planning; compensation and benefit review; and strategy development.
“Everyone agrees that investing in your people and their performance makes sense,” said David Frankil, president of NAFCU Services Corporation. “The challenge lies in making those investments wisely. HCS Group has proven with a number of credit union clients that they understand how to focus on key success factors for human capital performance.”
About HCS Group
Recognizing the need for comprehensive solutions specifically designed for credit unions and community banks in the areas of Human Capital Management and Organizational Development, Christine Burns-Fazzi and Richard E. Brock, principals in Burns-Fazzi, Brock & Associates partnered with Dr. Loretta P. Dodgen and Dr. Malinda B. Lowery to form HCSGroup: Human Capital Solutions Group. Dr. Dodgen and Dr. Lowery, co-founders of Multiple Choice, Inc., a human resources and organizational development firm bring a collective 40+ years of experience in providing comprehensive solutions specifically designed to meet the unique needs of its client.
About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU Services has partnered with the industry's leading solutions providers to offer value-added products and services at a discount to credit unions. Currently, it offers 24 Preferred Partner programs to the credit union community. For more information about NAFCU Services Corporation, please visit www.nafcu.org/nafcuservices.
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