FLOWER MOUND, Texas–Triscend, a provider of executive benefit solutions, said is partnering with Trellance Cooperative Holdings in a “first-of-its-kind” agreement designed to “transform executive benefit management across the credit union industry by introducing a level of transparency and accessibility never before available.”

According to the companies, at the core of this partnership is ProBridge, one of Trellance’s business entities, which will provide a team of skilled credit union technology professionals that will introduce new levels of transparency and efficiency to credit unions’ executive benefits programs. 

“By leveraging the expertise of TRISCENDNP in executive benefits and Trellance’s deep insights and technology, the collaboration will unlock unprecedented opportunities for leaders to optimize and enhance their financial planning strategies,” the organizations stated. 

Should be ‘Easy’

“Executives with a life insurance-based benefit, such as a split-dollar plan, possess a valuable asset that is integral to their overall financial strategy,” Dale Edwards, co-founder and principal of TRISCENDNP, said in a statement. “They should be able to check its status and manage that asset as easily as they do with their other financial accounts. Until now, that level of accessibility hasn’t existed. This partnership changes that.. By bringing transparency and digital access to executive benefit plans, we’re supplementing how executives engage with these critical financial tools. High-touch service meets high-tech innovation — that’s the game-changer.”

The organizations said in their announcement that executive benefit plans have long been designed with precision and customization, yet the technology supporting them has not kept pace with the seamless, real-time accessibility that executives expect.

Reinforced ‘Commitment’

“Trellance has always been at the forefront of innovation in the credit union space,” Trellance President and CEO Tom Davis said in a statement. “This partnership reinforces our commitment to evolving alongside the industry, expanding beyond data and technology to support the leaders who drive credit unions forward. By integrating executive benefits into our suite of solutions, we’re helping credit unions attract, retain and empower top-tier talent, ensuring their continued success in a competitive financial landscape.”