FOR IMMEDIATE RELEASE
Contact: Dave Nerz, President
+1 616 871-3326
GRAND RAPIDS, MICHIGAN, USA – December 22, 2015 – Effective January 1, 2016 NPAworldwide and NBN (National Banking Network) will consolidate and operate under the NPAworldwide brand. The merger of these two exclusive fee-splitting recruitment networks began in September 2014.
“The networks were extremely compatible and similar,” said Dave Nerz, president of the combined organizations. “Both recruitment networks offer membership by invitation only and have a thorough due diligence and reference checking process in place. Only premier firms with a commitment to fee splitting and a high standard of ethics are extended membership. Exclusivity promotes and enhances open communication and trust that allow split deals to be done.”
Firms in the network vary in size, but are typically 1-5 recruiters. Some firms are larger, but size is not a determinant for membership. The combined networks are placing upwards of US $60 million in salaries annually and sharing more than $13 million in fees annually.
“We are excited to have the former NBN members officially a part of the NPAworldwide family. These recruitment firms bring a depth of knowledge and experience in finance and accounting as well as banking and financial services that is unparalleled in the industry,” continued Nerz. “We are happy to continue the traditions of NBN and to combine the best practices of both networks to improve results for clients, candidates and the members themselves.
About NPAworldwide. NPAworldwide is a recruitment network facilitating placements between its members. The network has nearly 500 member offices across 6 continents. For more information, please visit www.npaworldwide.com or www.npaworldwideworks.com.