TALLAHASSEE, Fla.–LEVERAGE, the service corporation of The League of Credit Unions & Affiliates, said it has acquired Colorado-based Aux, a provider of back office solutions to credit unions.
The League said the acquisition will enhance the operational foundation of credit unions by “expanding access to essential back-office support, reducing systemwide complexity, and delivering a more aligned, scalable services for the years ahead.”
“This acquisition supports a clear long-term goal: ensuring credit unions of all sizes—particularly small and mid-sized institutions—have the tools, expertise, and infrastructure needed to operate efficiently and continue serving their members with excellence in a rapidly evolving environment,” the company said.
‘Excited’ About Venture
Added Dave Krause, board chair of Aux and president of UniWyo Credit Union, in a statement, “The board is excited about this new venture and the opportunity it creates to help more credit unions and more people. This strategic acquisition ensures Aux’s strengths continue to grow and benefit the broader credit union community. It is the right step forward for our clients, our employees, and the movement.”
LEVERAGE said credit unions will continue to receive personalized support through dedicated consultants who will guide them through the transition, ensure clarity around expanded resources, and provide customized engagement reporting. Operational efficiencies, cost savings, and coordinated product strategies produced by the unified organization will be reinvested directly into strengthening credit union services.
‘Well-Earned Reputation’
“We are excited to welcome Aux into the LEVERAGE family,” said Steve Willis, President of LEVERAGE. “Aux has a well-earned reputation for quality and credit union service. By combining our capabilities, we can offer a more comprehensive and efficient service platform, one that directly supports credit unions’ operational needs while reducing fragmentation across the system.”
