About SISStrategic Income Solutions

Company Information

Strategic Income Solutions is a leading service provider for Financial Institutions. With a suite of proven tools created specifically for credit unions and banks, we help take institutions in a more profitable direction by providing products and services that directly impact the growth of their bottom lines.

Melinda Spada is the Chief Executive Officer of Strategic Income Solutions, LLC (SIS). SIS is a Michigan based Credit Union Service Organization (CUSO) formed by Alpena Alcona Area, Frankenmuth and Team One Credit Unions in 2013. We provide financial institutions with products and services that directly impact the growth of their bottom lines.

Melinda has nearly 20 years of business development experience, predominantly in the credit union industry. She works directly with credit unions to cultivate valuable business partnerships through the products and services of SIS. She is committed to the credit union movement and strongly believes in credit union values and the principle of “People Helping People.”

Our clients can easily acquire new customers, mitigate risk and ultimately, increase revenue with SIS’ innovative programs and services.

Services Overview

Checking Strategy
With Econocheck’s IDProtect®, your financial institution strategically and effectively offers affordable retail checking solutions including value-added benefits, while building non-interest income for your organization each year.

Pet Insurance
Leverage the power of America’s largest and most comprehensive pet insurance plans to provide the right financial protection for your members’ families, while saving them money and earning revenue for your financial institution.

Mortgage Solutions
Strategic Income Solutions has partnered with Neighborhood Mortgage Solutions, a Credit Union Service Organization (CUSO) to help your financial institution offer a range of mortgage products.

Outsourced Collections
Your financial institution can benefit from SWBC’s Outsourced Collection program and its rigorous training programs, innovative technology, and deep industry expertise for your early, mid, and late stage collections.

Check Printing
SIS provides full-service resources for checks and check-related products servicing financial institutions nationwide.

Learn more about our services

Strategic Income Solutions has the knowledge and expertise to help you create long-lasting relationships with your account holders. We will provide opportunities to increase value for members and non-interest fee income for credit unions.


So much can be said about Alpena Alcona Area Credit Union as a financial institution, as a leader in our community and as an employer.

As an employer, AAACU values its staff and provides competitive wages and benefits to both full and part-time employees. As a leader in the community, we focus on reinvestment, charitable contributions and “people helping people.” We organize fundraisers, charity events and donate time and money to make a difference in the lives of those around us. As a not for profit cooperative, we are strong, sound and member focused. We are based on trust and committed to safeguarding our members’ assets. We put people before money and have a strong belief in service above self. We are Alpena Alcona Area Credit Union and everything we do we do for you… the employees, the members and the communities we serve.

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Frankenmuth Credit Union, your hometown financial institution, proudly serves over 26,000 of your friends and families in the counties of Saginaw, Bay, Tuscola and Genesee.

See Frankenmuth Credit Union for everything from mortgage and business services to Investment and consumer services. Frankenmuth Credit Union has offices in Saginaw, Essexville, Birch Run, Reese, Millington, Vassar, Richville, Otisville and Frankenmuth.

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For over 75 years, Team One Credit Union has been, and continues to be, a safe and secure financial institution with money to lend.

Team One Credit Union was originally organized by a group of 15 teachers as Saginaw Teachers Club Credit Union in 1935. Formed to fill a need as a place where teachers could receive financial assistance at reasonable rates, the purpose of this credit union was, and is, to encourage thrift (savings) among our members.

Over the years, Team One has grown to 7 locations in Saginaw, Bay City, Caro, Bad Axe, and Sandusky. Anyone living, working, or worshipping in those areas is eligible for Team One services.

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