A New Company Delivering Comprehensive Back Office Support for Credit Unions
Luminate Innovations and Griffin & Furman, LLC are proud to announce the launch of Bright Balanced Solutions, a joint venture designed to meet the growing demand for reliable and expert back office support services among credit unions. This strategic partnership brings together Luminate Innovations’ deep understanding of the credit union movement and Griffin & Furman’s respected financial expertise to deliver trusted, high-quality outsourced solutions.
Bright Balanced Solutions is built to support credit unions with the behind-the-scenes work that keeps operations strong and compliant — so they can focus on serving their members. The new company will offer a full suite of outsourced accounting and CFO services, including:
- Periodic reconciling (weekly, monthly, quarterly, annually)
- Month-end processing
- General ledger reconciliation
- CEO and Board financial reporting
- Financial statement preparation and analysis
- Budget development and management
- Call Report preparation
- Audit and regulatory exam readiness
- Liaison services for external auditors
The above services are available nationwide. Whether a credit union needs short-term support or a long-term solution, Bright Balanced Solutions offers a flexible, needs-based model tailored to each organization with services and pricing designed around the individual credit union’s goals, capacity, and complexity.
“Credit unions are facing more challenges than ever — regulatory requirements, member needs, staffing shortages. Luminate is responding to our member needs ensuring no credit union is left behind by launching Bright Balanced Solutions. These services will help reduce costs and ensure your credit union’s financial operations are in expert hands allowing you more capacity to serve your members,” said Juan Fernandez, President & CEO of Luminate.
“Griffin & Furman has served credit unions for decades, and we’re excited to expand that support through this partnership,” said Stephen Griffin, Managing Partner at Griffin & Furman. “With Bright Balanced Solutions, we’re creating a reliable resource credit unions can depend on for financial clarity, operational continuity, and peace of mind.”
Bright Balanced Solutions is now accepting clients and was formally introduced to the credit union community during the Opening Ceremony of the Luminate Convention in New Orleans today.