Credit Union Service Organization

CheckAlt Forms Strategic Partnership with CUSO and Core Provider CU Prodigy

Retrieved on: 
Friday, June 25, 2021

LOS ANGELES, June 24, 2021 /PRNewswire-PRWeb/ --CheckAlt, the leading independent provider of payment and item processing solutions for credit unions and banks in the U.S., has formed a strategic alliance with credit union service organization (CUSO) and core provider CU Prodigy to support digital transformation at credit unions, specifically with loan payment processing services.

Key Points: 
  • LOS ANGELES, June 24, 2021 /PRNewswire-PRWeb/ --CheckAlt, the leading independent provider of payment and item processing solutions for credit unions and banks in the U.S., has formed a strategic alliance with credit union service organization (CUSO) and core provider CU Prodigy to support digital transformation at credit unions, specifically with loan payment processing services.
  • "CheckAlt is delighted to work with the CU Prodigy team," said Trish DiMaggio-Zander, VP of Credit Union Relationships for CheckAlt.
  • As a CUSO and core provider representing credit unions in the process of digital transformation, CU Prodigy sought a collaborative partnership with CheckAlt to help credit unions streamline operations with technology that enables payments from anywhere, at any timein-person, by a call center representative, online, SMS text, or by phone via interactive voice response.
  • "Credit unions continue to seek opportunities to serve their members wherever they are," said Amber Harsin, CUDE and CEO of CU Prodigy.

MAP Partners with Glia to Strengthen Digital Member Service for Credit Unions

Retrieved on: 
Tuesday, May 25, 2021

NEW YORK, May 25, 2021 /PRNewswire/ -- Glia, a leading provider of Digital Customer Service , today announced a partnership with Members Access Processing (MAP), a Credit Union Service Organization (CUSO) that provides Visa card services for credit unions.

Key Points: 
  • NEW YORK, May 25, 2021 /PRNewswire/ -- Glia, a leading provider of Digital Customer Service , today announced a partnership with Members Access Processing (MAP), a Credit Union Service Organization (CUSO) that provides Visa card services for credit unions.
  • By leveraging Glia's Digital Member Service platform, MAP's credit union clients can modernize how they support members in a digital world.
  • MAP is the nation's only aggregator of the Visa Debit Processing Service platform for credit unions.
  • "As digital usage continues to rise, it's a strategic imperative for credit unions to be able to form strong member relationships from within digital channels," said Cyndie Martini, president and CEO of MAP.

Connect FSS Announces Investment from Credit Union of Denver

Retrieved on: 
Wednesday, April 28, 2021

b'SANDY, Utah, April 28, 2021 /PRNewswire-PRWeb/ --Connect Financial Software Solutions ("Connect"), a CUSO providing advanced enterprise digital banking services to credit unions, announces an investment from Credit Union of Denver, a $1 billion asset credit union and a long-time client of Connect.\nCU Denver joins Altra Credit Union, City & County Credit Union, Summit Credit Union, Knoxville TVA Employees Credit Union, and Wescom Credit Union (via Wescom Resources Group) as investors in the CUSO.\nThe investment from Credit Union of Denver will help Connect to further escalate the pace of product development.

Key Points: 
  • b'SANDY, Utah, April 28, 2021 /PRNewswire-PRWeb/ --Connect Financial Software Solutions ("Connect"), a CUSO providing advanced enterprise digital banking services to credit unions, announces an investment from Credit Union of Denver, a $1 billion asset credit union and a long-time client of Connect.\nCU Denver joins Altra Credit Union, City & County Credit Union, Summit Credit Union, Knoxville TVA Employees Credit Union, and Wescom Credit Union (via Wescom Resources Group) as investors in the CUSO.\nThe investment from Credit Union of Denver will help Connect to further escalate the pace of product development.
  • "This capital investment from Credit Union of Denver will help well position Connect to accelerate our pace for delivering product advancements.
  • Credit Union of Denver has a strong partnership with Connect and we value that the company is consistently forward-thinking with its product development strategy.
  • For more information about Credit Union of Denver and its dedication to helping members succeed through smart banking, visit cudenver.com.\nConnect is a technology Credit Union Service Organization (CUSO) focused on the benefit of credit unions and their members.

CU Business Group Launches Partnership with Community Capital to Provide Online Loan Marketplace for Credit Unions

Retrieved on: 
Wednesday, April 28, 2021

b'CU Business Group, LLC (\xe2\x80\x9cCUBG\xe2\x80\x9d), the nation\xe2\x80\x99s largest business services Credit Union Service Organization (\xe2\x80\x9cCUSO\xe2\x80\x9d), today announced it has partnered with Community Capital Technology Inc. (\xe2\x80\x9cCommunity Capital\xe2\x80\x9d) to leverage the firm\xe2\x80\x99s online loan marketplace and business intelligence platform to provide a better, more efficient way for their credit union clients to optimize their loan portfolios.\nThis press release features multimedia.

Key Points: 
  • b'CU Business Group, LLC (\xe2\x80\x9cCUBG\xe2\x80\x9d), the nation\xe2\x80\x99s largest business services Credit Union Service Organization (\xe2\x80\x9cCUSO\xe2\x80\x9d), today announced it has partnered with Community Capital Technology Inc. (\xe2\x80\x9cCommunity Capital\xe2\x80\x9d) to leverage the firm\xe2\x80\x99s online loan marketplace and business intelligence platform to provide a better, more efficient way for their credit union clients to optimize their loan portfolios.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210428005651/en/\nThe CUBG Loan Marketplace will enable credit unions to more easily place and source quality commercial loan participations, as well as find and connect to other credit opportunities and capital partners.
  • CU Business Group, LLC, provides business lending, deposit and consulting services to credit unions nationwide.
  • CCT\xe2\x80\x99s loan transaction marketplace provides Regional Banks, Community Banks, CUSOs, Credit Unions, and other non-bank originators or credit investors, a simpler, more cost effective and transparent way to buy, sell and/or participate out loans.

Nymbus CUSO Secures Landmark $20 Million Investment by VyStar Credit Union

Retrieved on: 
Tuesday, April 27, 2021

b'NYMBUS \xc2\xae, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.

Key Points: 
  • b'NYMBUS \xc2\xae, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.
  • Founded in March 2021 to help break through barriers to growth, its mission is to connect credit unions with trusted fintech offerings that both simplify technology delivery and enable new growth opportunities.\nThis press release features multimedia.
  • Joel Swanson, Chief Member Experience Officer at VyStar, noted, \xe2\x80\x9cToday\xe2\x80\x99s record investment speaks volumes to the confidence VyStar has placed in this new CUSO.
  • Whichever growth path you choose, Nymbus buys back decades of lost time and accelerates your ability to engage and support the entire customer journey.\nVyStar Credit Union is the largest credit union headquartered in Northeast Florida and now serves over 750,000 members, with assets totaling more than $10.5 billion.

Capstone Strategic Guides Security Service Insurance on Acquisition of Pace Insurance Managers

Retrieved on: 
Monday, April 19, 2021

(Capstone) announced today that Security Service Insurance, a subsidiary of Security Service Federal Credit Union, headquartered in San Antonio, Texas, has acquired Pace Insurance Mangers.

Key Points: 
  • (Capstone) announced today that Security Service Insurance, a subsidiary of Security Service Federal Credit Union, headquartered in San Antonio, Texas, has acquired Pace Insurance Mangers.
  • Pace, a 62-year-old agency, provides full-service insurance coverage to the forest products industry in Northern Louisiana.\nSecurity Service Insurance provides commercial and personal insurance to members and the general public in Texas, Utah, and Colorado.
  • The business is Security Service Federal Credit Union\'s wholly owned insurance credit union service organization (CUSO).
  • With the acquisition of Pace Insurance, Security Service will enhance its member solution set while accelerating growth.

NYMBUS Forms New CUSO Led by Credit Union Industry Visionary John Janclaes

Retrieved on: 
Tuesday, March 30, 2021

NYMBUS , a leading provider of banking technology solutions, today introduced a new Credit Union Service Organization (CUSO), Nymbus CUSO.

Key Points: 
  • NYMBUS , a leading provider of banking technology solutions, today introduced a new Credit Union Service Organization (CUSO), Nymbus CUSO.
  • View the full release here: https://www.businesswire.com/news/home/20210330005618/en/
    John Janclaes, President of Nymbus CUSO (Photo: Business Wire)
    A passionate advocate for the credit union movement, John Janclaes has been named President of Nymbus CUSO, effective immediately.
  • Im proud to lead Nymbus CUSO and continue my mission as a digital advocate for credit unions in their quest for growth and forward-thinking strategies.
  • For those wanting to innovate, Nymbus CUSO moves past traditional vendor thinking to create supportive structures for credit unions ready to grow and reach new niche markets.

Wescom Resources Group and Member Support Services Partner to Help Credit Unions Scale

Retrieved on: 
Monday, March 1, 2021

PASADENA, Calif., March 1, 2021 /PRNewswire-PRWeb/ -- Two leading CUSOs, Wescom Resources Group (WRG) and Member Support Services, LLC (MSS), have announced a strategic partnership to benefit individual credit unions and the cooperative movement as a whole.

Key Points: 
  • PASADENA, Calif., March 1, 2021 /PRNewswire-PRWeb/ -- Two leading CUSOs, Wescom Resources Group (WRG) and Member Support Services, LLC (MSS), have announced a strategic partnership to benefit individual credit unions and the cooperative movement as a whole.
  • "We are excited to expand our long-time partnership with Wescom Resources Group as we together introduce innovative technology and operational solutions to the broader credit union movement."
  • Backed by Wescom Credit Union, one of the nation's largest credit unions with over $4 billion in assets and nearly 200,000 members, Wescom Resources Group provides credit unions with advanced technology solutions that increase their competitive edge.
  • Member Support Services, LLC (MSS) is a shared services Credit Union Service Organization headquartered in Cranbury, N.J.

Avtex and CU NextGen Announce Partnership

Retrieved on: 
Wednesday, February 10, 2021

Avtex, a customer experience (CX) consulting and technology company, announced their partnership with CU NextGen, a Credit Union Service Organization (CUSO) focused on delivering next-generation technology to credit unions.

Key Points: 
  • Avtex, a customer experience (CX) consulting and technology company, announced their partnership with CU NextGen, a Credit Union Service Organization (CUSO) focused on delivering next-generation technology to credit unions.
  • CU NextGen helps credit unions improve the service delivered to their members, the daily experiences of their staff members and the efficiency of their operations.
  • According to Kent Zimmer, CEO of CU NextGen, Our goal is to give credit unions complete control over their member-facing and employee-facing experiences.
  • CU NextGen delivers innovative solutions using three integrated and strategic technology platforms: no-code development, robotic process automation, and artificial intelligence.

Extensia Financial Announces Addition of Extraordinary Talent and Leadership to Its New Board of Directors

Retrieved on: 
Tuesday, February 2, 2021

Extensia Financial has announced that Dimple Shah, Glenn Christensen, Jackie Buchanan, and Steve Coomes, all exceptional credit union and financial services thought leaders and influencers, will be joining the Board of Directors.

Key Points: 
  • Extensia Financial has announced that Dimple Shah, Glenn Christensen, Jackie Buchanan, and Steve Coomes, all exceptional credit union and financial services thought leaders and influencers, will be joining the Board of Directors.
  • Extensia Financial is excited about the collective talent these industry leaders will add to our companys Board of Directors.
  • Stephen Coomes is a retired financial services and operational leader with over 30 years of financial institutions experience, most notably in the credit union environment.
  • Extensia Financial is one of the most seasoned Credit Union Service Organization (CUSOs) focused on originating and servicing commercial real estate loans.