Credit Union Service Organization

The National Credit Union ISAO and TruSTAR Announce Renewed Partnership

Retrieved on: 
Tuesday, January 26, 2021
Credit Union Service Organization

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ --Today, The National Credit Union ISAO announces its renewed partnership with TruSTAR, a leader in data-centric automation and management, to continue offering centralized intelligence sharing and management teams and tools to their members.

Key Points: 
  • SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ --Today, The National Credit Union ISAO announces its renewed partnership with TruSTAR, a leader in data-centric automation and management, to continue offering centralized intelligence sharing and management teams and tools to their members.
  • "The entire TruSTAR team has been committed to building a strong partnership with our organization and its members since day one.
  • "TruSTAR is proud to partner with the National Credit Union ISAO to enable members to share and automate intelligence across their security operation ecosystems, improving security effectiveness and realizing the value of NCU-ISAO intel."
  • The NCU ISAO and TruSTAR will be hosting a webinar outlining the newest features and integrations on the TruSTAR platform which is open to NCU members, credit unions, credit union service organizations, and credit union leagues titled "TruSTAR Platform Updates, Feature Enhancements, and Roadmap," on Wednesday, January 27th at 9:30 a.m. PST / 12:30 p.m. EST.

Connect FSS Announces Restructuring of Leadership Team

Retrieved on: 
Monday, January 18, 2021
Articles, Economy, Finance, Bankruptcy, Credit Union Service Organization, Restructuring, Credit union, Connect

SANDY, Utah, Jan. 18, 2021 /PRNewswire-PRWeb/ -- Connect Financial Software Solutions ("Connect"), a CUSO providing advanced enterprise digital banking services to credit unions, has announced a restructuring of the company's leadership team in response to company growth and to better align with the company's strategic plans for our future direction.

Key Points: 
  • SANDY, Utah, Jan. 18, 2021 /PRNewswire-PRWeb/ -- Connect Financial Software Solutions ("Connect"), a CUSO providing advanced enterprise digital banking services to credit unions, has announced a restructuring of the company's leadership team in response to company growth and to better align with the company's strategic plans for our future direction.
  • "Today's announcement marks a significant milestone with the restructuring of new and existing roles within our leadership team that will position Connect for continued success.
  • This restructuring will better position the company for continued success in achieving its overall goals and future direction, while also providing the continuity of strong leadership across all business facets.
  • Connect is a technology Credit Union Service Organization (CUSO) focused on the benefit of credit unions and their members.

Extensia Financial LLC Announces Investment from Seasoned Commercial Lender AVANA Companies

Retrieved on: 
Thursday, November 19, 2020
Small business, Banking, Professional services, Finance, Credit Union Service Organization, Finance, AVANA

Extensia Financial LLC has a new majority shareholder: AVANA Capital (part of the AVANA Companies family).

Key Points: 
  • Extensia Financial LLC has a new majority shareholder: AVANA Capital (part of the AVANA Companies family).
  • AVANA Companies is dedicated to stimulating local economies, contributing to clean energy development, preserving the wealth of their investors, and creating growth for their borrowers.
  • AVANA Companies and Extensia Financial will remain separate and distinct entities, but will follow a unified mission: to promote the growth of small business owners and our economy.
  • Extensia Financial is one of the most seasoned credit union service organizations (CUSOs) focused on commercial real estate.

myCUmortgage Recognizes Credit Union Mortgage Lenders who Made their Mission Possible Nationwide

Retrieved on: 
Thursday, November 5, 2020
Wright-Patt Credit Union, Wright-Patterson Air Force Base, Articles, Mixed economies, Organizations, Credit Union Service Organization, Credit union, Credit unions in the United States, Ohio Credit Union System

myCUmortgage recently recognized its partner credit unions for making that Mission Possible during the first-ever myCUmortgage Virtual Partner Event, held October 20-22, 2020. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union.

Key Points: 
  • myCUmortgage recently recognized its partner credit unions for making that Mission Possible during the first-ever myCUmortgage Virtual Partner Event, held October 20-22, 2020. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union.
  • "Every year, our partner credit unions are faced with an unpredictable mortgage industry and need to find new and innovative ways to fulfill their mortgage mission," said Tonya Coon, President of myCUmortgage.
  • Partner credit unions and individual loan originators recognized by myCUmortgage include:
    Mid-Sized Credit Unions: Midwest Community Federal Credit Union, Defiance, Ohio
    Small Credit Unions (TIE): Lake Community Federal Credit Union, Hartville, Ohio; and Metro Employees Credit Union, Lexington, Ky.
    Purchase Money Lender of the Year: Canton School Employees Federal Credit Union, Canton, Ohio
    Lender of the Year: Midwest Community Federal Credit Union, Defiance, Ohio
    Marketer of the Year: Kane County Teachers Credit Union, Elgin, Ill.
    CU Select Partner of the Year: Thrive Credit Union, Muncie, Ind.
  • myCUmortgage, a wholly owned Credit Union Service Organization of Wright-Patt Credit Union in Beavercreek, Ohio, is obsessed with helping credit union partners to be great mortgage lenders.

Desert Financial Credit Union Streamlines the Member Authentication Process in the Contact Center with MemberPass™

Retrieved on: 
Tuesday, October 6, 2020
Professional services, Data management, Security, Technology, Software, Finance, Banking, Articles, Economy, Credit Union Service Organization, Credit union, Finance, Ubiquitous computing, Desert Financial Credit Union, MemberPass™

MemberPass, the flagship contactless identity solution powered by credit union service organization (CUSO) CULedger, has officially been deployed in Desert Financial Credit Union to provide a contactless, secure method for authenticating member identity in all of their contact centers.

Key Points: 
  • MemberPass, the flagship contactless identity solution powered by credit union service organization (CUSO) CULedger, has officially been deployed in Desert Financial Credit Union to provide a contactless, secure method for authenticating member identity in all of their contact centers.
  • MemberPass, which allows credit unions to automate the authentication process quickly and securely, is the first Know-Your-Customer (KYC)-compliant, member-controlled contactless identity available from a credit union cooperative.
  • Phoenix-based Desert Financial Credit Union has taken on this capability to improve the member experience within the contact center.
  • Desert Financial strives to create exceptional experiences, and we are constantly working to ensure we can provide secure, safe interactions to our members, said Ron Amstutz, executive vice president at Desert Financial Credit Union.

Purdue Federal Credit Union Selects Payrailz® to Support Payment Strategy

Retrieved on: 
Monday, September 21, 2020
Professional services, Data management, Technology, Finance, Software, Banking, Geography of Indiana, Purdue University, V-12 Navy College Training Program, West Lafayette, Indiana, Credit Union Service Organization, INDIANA, Organizations, Purdue Federal Credit Union, CU Railz®, Payrailz®

Additionally, Purdue Federal is joining Payrailz credit union service organization (CUSO), CU Railz, as an investor.

Key Points: 
  • Additionally, Purdue Federal is joining Payrailz credit union service organization (CUSO), CU Railz, as an investor.
  • At Purdue Federal, we live out the credit union philosophy of people helping people and in order to help our members, providing innovative payments capabilities is vital, said Bob Falk, Purdue Federal President and CEO.
  • Payrailz smart payment platform, PayWayz, will help Purdue Federal create a smart, simple and engaging payment experience for members.
  • Purdue Federal Credit Union (Purdue Federal) is a member-owned financial cooperative with nearly 85,000 members nationwide and assets exceeding $1.5 billion.

REPAY Announces Partnership with CU*Answers to Integrate Card Processing for Credit Unions

Retrieved on: 
Monday, August 31, 2020
Hardware, Other Retail, Retail, Technology, Software, Cooperative banking, Credit Union Service Organization, Organizations, Credit union, Articles, REPAY, CU*Answers, Inc.

Repay Holdings Corporation (NASDAQ: RPAY) (REPAY), a leading provider of vertically-integrated payment solutions, today announced its partnership with CU*Answers , the 100% credit union-owned, data processing Credit Union Service Organization (CUSO).

Key Points: 
  • Repay Holdings Corporation (NASDAQ: RPAY) (REPAY), a leading provider of vertically-integrated payment solutions, today announced its partnership with CU*Answers , the 100% credit union-owned, data processing Credit Union Service Organization (CUSO).
  • As an integrated partner, REPAY will enable U.S.-based credit unions utilizing CU*Answers CU*BASE platform with the ability to streamline processing efficiencies by securely accepting ACH and card processing via web, mobile, Interactive Voice Response (IVR) phone pay or text-to-pay through SMS messaging.
  • We feel REPAYs partnership with CU*Answers offers an incredibly strong, reliable, and proven solution that credit unions can rely upon with great confidence to deliver on that promise.
  • Founded 50 years ago, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing nearly 2 million members and over $21 billion in credit union assets.

Michigan Business Connection, a Michigan MBL CUSO, Hits $1 Billion Dollar Milestone

Retrieved on: 
Tuesday, August 4, 2020
Credit Union Service Organization, Business loan, Credit union, Organizations, Articles

ANN ARBOR, Mich., Aug. 4, 2020 /PRNewswire/ --Michigan Business Connection (MBC) is excited to announce that they are now managing credit union MBL portfolios exceeding $1 Billion dollars.MBC is the first single State focused MBL CUSO to achieve this milestone.

Key Points: 
  • ANN ARBOR, Mich., Aug. 4, 2020 /PRNewswire/ --Michigan Business Connection (MBC) is excited to announce that they are now managing credit union MBL portfolios exceeding $1 Billion dollars.MBC is the first single State focused MBL CUSO to achieve this milestone.
  • The portfolio includes credit unions and their borrowers from 51 counties across Michigan.
  • MBC is a credit union service organization (CUSO) leveraging a collaborative effort of more than two dozen affiliated credit unions.
  • They now help manage a portfolio exceeding one billion dollars in business loans for these financial institutions.

FintechAccel | CU, the Credit Union Industry's Platform for Innovation Opening Applications for Its Second Fintech Startup Cohort

Retrieved on: 
Tuesday, August 4, 2020
Mixed economies, Credit Union Service Organization, Credit union, Organizations

Due to the tremendous success experienced interacting with the first cohort of fintechs, FintechAccel I CU is launching the application process for the second cohort of fintech startups.

Key Points: 
  • Due to the tremendous success experienced interacting with the first cohort of fintechs, FintechAccel I CU is launching the application process for the second cohort of fintech startups.
  • Through this unique collaboration of progressive credit union industry executives and serial fintech entrepreneurs, FintechAccel | CU's innovation platform will be able to increase engagement opportunities, scale new solutions faster, and create a unique competitive advantage for participating credit unions.
  • Initial sponsoring participants of FintechAccel | CU are Corning Credit Union, Gulf Winds Credit Union, Kemba Credit Union, KEMBA Financial Credit Union, Northrup Grumman Federal Credit Union, One Nevada Credit Union, Virginia Credit Union, and Connect Financial Software Solutions (ConnectFSS).
  • Sherpa Technologies is a credit union service organization (CUSO) of Corporate One Federal Credit Union.

Quinte Financial Technologies July 8th Webinar Will Address Increased Credit Risks and Loan Demand for Credit Unions and Banks

Retrieved on: 
Wednesday, June 24, 2020
Economy, Financial services, Money, Banking, Credit Union Service Organization, Bank, Credit risk, Credit, Loan

NEW YORK, June 24, 2020 /PRNewswire/ -- Quinte Financial Technologies Inc. (Quinte) announced today that its complimentary July 8th Webinar, entitled "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks," will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which:

Key Points: 
  • NEW YORK, June 24, 2020 /PRNewswire/ -- Quinte Financial Technologies Inc. (Quinte) announced today that its complimentary July 8th Webinar, entitled "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks," will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which:
    Individuals and companies are struggling to repay loans,
    Credit losses in loan portfolios are continuing to rise, and
    Historically low interest rates are driving demand for new loans.
  • Mr. Kordelski will provide practical guidance on:
    Quinte's "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks" Webinar is scheduled for Wednesday, July 8th, starting at 2:00 p.m. EDST.
  • Click here to register on a complimentary basis for the webinar .
  • About Quinte Financial Technologies Inc.
    Quinte combines computer science disciplines (including ML, AI and data analytics), deep industry expertise and human intelligence to help clients manage financial crime-related risks, meet regulatory requirements, and strengthen customer experience.