ClearPoint Credit Counseling Solutions announced last week it has entered into a merger with Consumer Credit Counseling Service (CCCS) of Central New York.
“We’re looking forward to bringing together two strong, community-based nonprofit organizations with the shared mission of promoting consumer health through financial education,” said Chris Honenberger, ClearPoint CEO and president. “The merger will allow us to pool our resources, strengthen our infrastructure and better serve consumers.”
The entire entity will operate under the ClearPoint Credit Counseling Solutions name, pending regulatory approval. As a combined entity, ClearPoint aims to broaden its branch reach to 12 states. It is one of the largest non-profit education-based credit counseling agencies, offering phone, Internet and face-to-face counseling services across several areas including reverse mortgages and others such as budget, credit, housing and bankruptcy.
“We are pleased to join the ClearPoint family and expand our ability to help thousands of consumers recover from financial setbacks and pay down their credit card debt,” said CCCS of Central New York CEO MaryAnn Stark, who will serve as president of ClearPoint’s northeast region.
ClearPoint will remain headquartered in Richmond, Va., with additional offices in Arkansas, California, Illinois, Kentucky, Maryland, Missouri, New York, North Carolina, Oregon, Tennessee, Virginia and Washington.
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Written by Elizabeth Ecker