CUSO

MDT Named a Best Place to Work in Financial Technology for Fifth Consecutive Year

Retrieved on: 
Tuesday, May 7, 2024

This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry.

Key Points: 
  • This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry.
  • Companies recognized on this year’s list operate in and serve companies and consumers in a wide range of financial services including banking and mortgages, insurance, payments and financial advisory.
  • MDT's employees cite internal collaboration and an environment of inclusiveness as just a couple of the primary reasons the CUSO is a great place to work.
  • "We are honored by Arizent and Best Companies Group's continued recognition of MDT as a Best Place to Work in Fintech.

Pulsate Wins “New CUSO of the Year” at 2024 NACUSO Network Conference

Retrieved on: 
Wednesday, April 17, 2024

Pulsate , provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations ( NACUSO ) at the NACUSO Network Conference in Orlando, Fla.

Key Points: 
  • Pulsate , provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations ( NACUSO ) at the NACUSO Network Conference in Orlando, Fla.
  • The CUSO Awards recognize CUSOs with stories of great accomplishments and innovation that push for advancements within the credit union industry.
  • NACUSO’s award committee evaluates each nominee before selecting four CUSOs to award for their cooperative efforts.
  • With an intuitive, user-friendly platform, FIs can create personalized, targeted campaigns that seamlessly integrate into existing mobile and online banking environments.

MDT Offers FedNow Service for Credit Union Community

Retrieved on: 
Tuesday, April 16, 2024

FedNow is an instant payments network that moves funds directly and immediately between financial institution accounts in the United States.

Key Points: 
  • FedNow is an instant payments network that moves funds directly and immediately between financial institution accounts in the United States.
  • People Driven Credit Union is an early adopter of the FedNow Service through its partnership with MDT.
  • "MDT is excited to enable access to FedNow Services for our credit unions, empowering them with the latest advancements in faster payments technology," said Larry Nichols, CEO and President of MDT.
  • "With FedNow, our credit union clients can meet the growing demand for instant payments, providing members with the speed and convenience they expect in today's fast-paced world.

Gino Cayanan and Ben Maxim Appointed to CU LIFT Fund Board

Retrieved on: 
Tuesday, April 23, 2024

AUSTIN, Texas, April 23, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios by enhancing engagement with existing members, is pleased to announce the appointment of Gino Cayanan and Ben Maxim to its Board of Directors. Cayanan is the President and CEO of $1.2 billion Noble Credit Union, while Maxim is the Chief Innovation Officer at $7.7 billion Michigan State University Federal Credit Union and COO of Reseda Group, a wholly owned CUSO of MSU Federal Credit Union. The two join Kirk Klinkhammer, CU LIFT Fund founder, CEO and board chair.

Key Points: 
  • AUSTIN, Texas, April 23, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios by enhancing engagement with existing members, is pleased to announce the appointment of Gino Cayanan and Ben Maxim to its Board of Directors.
  • Cayanan is the President and CEO of $1.2 billion Noble Credit Union, while Maxim is the Chief Innovation Officer at $7.7 billion Michigan State University Federal Credit Union and COO of Reseda Group, a wholly owned CUSO of MSU Federal Credit Union.
  • The two join Kirk Klinkhammer, CU LIFT Fund founder, CEO and board chair.
  • "Both Gino and Ben bring incredible experience to our board," said CU LIFT Fund President Paul Rindone.

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

Retrieved on: 
Tuesday, April 16, 2024

BEAVERCREEK, Ohio, April 16, 2024 /PRNewswire/ -- myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union.

Key Points: 
  • BEAVERCREEK, Ohio, April 16, 2024 /PRNewswire/ -- myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union.
  • Continuing to grow its leadership and expertise in the nationwide credit union mortgage lending space, myCUmortgage's new partnerships in Q1 of 2024 include:
    Cornerstone Financial Credit Union – Nashville, Tenn.
    DN Community Federal Credit Union – Canton, Ohio
    Laredo Fire Department Federal Credit Union – Laredo, Texas
    Meritus Credit Union – Lafayette, La.
  • With 23 years of mortgage industry experience in the credit union space, myCUmortgage offers its nearly 200 partners expert guidance while delivering peace of mind.
  • Working with these new partners, myCUmortgage is delivering comprehensive products and solutions, including conventional and government lending, mortgage systems, loan origination services and member loan servicing.

Industry Vet David Germann to Steer Sales & Marketing for CU LIFT Fund

Retrieved on: 
Tuesday, April 9, 2024

AUSTIN, Texas, April 9, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of David Germann as Vice President of Sales and Marketing. Germann will drive the CUSO's go-to-market strategy as it takes hold across the industry. He has an extensive career in retail banking and was most recently the Chief Lending Officer at $1.5 billion Credit Union of America, where he drove the credit union to become the top auto lender in the entire state of Kansas.

Key Points: 
  • AUSTIN, Texas, April 9, 2024 /PRNewswire/ -- CU LIFT Fund , the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of David Germann as Vice President of Sales and Marketing.
  • "I am most excited about the valuable insights that David brings to our credit union clients," said CU LIFT Fund President Paul Rindone.
  • We are fortunate to have someone of David's character and experience at CU LIFT Fund."
  • I'm confident David's impact on our CUSO will extend far beyond the sales and marketing realm."

Gerber FCU and THE LOCAL CU Improve Members’ Digital Experience with Mahalo Banking

Retrieved on: 
Tuesday, April 2, 2024

Implementing the Mahalo platform enables both credit unions to offer members new digital features while streamlining the banking experience.

Key Points: 
  • Implementing the Mahalo platform enables both credit unions to offer members new digital features while streamlining the banking experience.
  • With a focus on core integration, Mahalo offers a seamless user experience across online and mobile banking platforms.
  • By harmonizing with Gerber FCU and THE LOCAL Credit Union’s core solutions, Mahalo facilitates rapid implementation of new features and functionalities.
  • Acting as an extension of the credit union cores, Mahalo enables Gerber FCU and THE LOCAL to deliver digital member self-service capabilities, ensuring unparalleled convenience and satisfaction.

MDT Partners with Allure Security, Helping Credit Unions Defend Against Fraud

Retrieved on: 
Tuesday, March 12, 2024

That is why MDT has partnered with Allure Security, providing innovative, proactive fraud protection and online brand protection solutions tailored to the credit union community.

Key Points: 
  • That is why MDT has partnered with Allure Security, providing innovative, proactive fraud protection and online brand protection solutions tailored to the credit union community.
  • Allure Security leverages sophisticated AI to evaluate tens of millions of digital assets every day to detect and take down threats, helping credit unions protect themselves and members.
  • "That is why we’re proud to partner with Allure Security, helping safeguard credit unions and their members through leading technology and services.
  • Allure Security’s unique AI-driven approach and diligent managed takedown service helps credit unions detect and respond to threats more quickly and accurately than otherwise possible.”

Rindone Takes the Driver's Seat as CU LIFT Fund President

Retrieved on: 
Tuesday, April 2, 2024

AUSTIN, Texas, April 2, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of Paul Rindone as company president. Rindone will lead the company as it revolutionizes the way credit unions make direct auto loans.

Key Points: 
  • AUSTIN, Texas, April 2, 2024 /PRNewswire/ -- CU LIFT Fund , the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of Paul Rindone as company president.
  • "His skill and expertise truly put him at the intersection of all we do at CU LIFT Fund.
  • Prior to CU LIFT Fund, Rindone was a Vice President of Fintech Solutions at TruStage, focusing on automotive.
  • Klinkhammer added, "CU LIFT Fund is committed to bringing together the brightest minds in the industry.

ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023

Retrieved on: 
Tuesday, March 5, 2024

Irvine, California, March 05, 2024 (GLOBE NEWSWIRE) -- Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023.

Key Points: 
  • Irvine, California, March 05, 2024 (GLOBE NEWSWIRE) -- Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023.
  • Origence Lending Services provides credit unions with scalable outsourced solutions to streamline their lending operations.
  • Extended hours not only allowed Origence Lending Services to serve credit union members better, but it also provided the additional support necessary for its new subsidiary, FI Connect.
  • Brian Hamilton, division president of Origence Lending Services, added, "Our remarkable growth highlights the trust and confidence that credit unions place in Origence Lending Services.