The New York Credit Union Association and employee benefits broker Jaeger & Flynn have signed a new partnership agreement in order to provide the state’s credit unions with access to competitive employee benefits and the administration of human resources-related services.
“Credit unions are in the business of helping people, and that includes their dedicated and committed employees,” said NYCUA President and CEO William J. Mellin. “Providing employees with access to competitive and affordable benefits is a challenge for all businesses, and we’re happy to help fill this need for New York’s credit unions by partnering with Jaeger & Flynn.”
In addition to helping credit unions with the design, negotiation and implementation of employee health plans, Jaeger & Flynn will offer NYCUA-member credit unions discounted rates on a number of employee benefits and HR-related services. These services include, but are not limited to: the administration of Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Health Reimbursement Accounts (HRA), Medical Expense Reimbursement Plans (MERP) and Dependent Care Assistance Programs (DCAP); online benefits enrollment, automated services for employees and HR-compliance management support.
“We have been fortunate to assist the New York Credit Union Association’s own employees, as well as several of their member organizations, with their employee benefits and plan administration needs for several years now. And now, we're pleased and excited about the opportunity to extend those services to the many other association member organizations throughout New York,” said Jaeger & Flynn President and CEO Thomas F. Flynn. “We look forward to being able to help them control their benefits costs so that they can, in turn, continue to provide the high level of service they provide without having to pass on higher costs to their members.”