Leading Fintech MoveCU, Inc. and Credit Union Services, Inc.
Announce Strategic Partnership
The Partnership Will Help Credit Unions Attract the Next Generation of Members & Borrowers
June 25, 2020 (Santa Barbara, CA) – MoveCU, Inc., a fintech that has created the nation’s first credit union marketplace, has announced a strategic partnership with Credit Union Services, Inc. (CUSI), the Service Corporation of the MD|DC Credit Union Association.
MoveCU enables credit unions to compete with fintechs by delivering a fully digital and cost-effective means to obtain both new members and loans. Consumers visit the MoveCU marketplace and shop rates from eligible credit unions, then get instant approval based on the credit unions’ underwriting standards. MoveCU currently supports auto loans, personal loans, credit cards and deposit accounts.
MoveCU’s robust and automated loan-decisioning platform is designed to attract millennials, the largest segment of consumers who prefer to shop online for everything from shoes to checking accounts to compare prices and find the best deal. The average age of consumers utilizing MoveCU is 34 years old. MoveCU’s software and marketplace technology enables credit unions to compete against the latest peer-to-peer lenders and major banks.
“We are extremely excited about our first partnership with a League Service Corporation, as it allows us to align ourselves with a progressive association,” said Brad Pizer, CEO and Co-founder of MoveCU, Inc. “As a fintech company solely dedicated to the credit union movement, this is a very significant step in further developing our rapport and reach within the industry.”
“The team at MoveCU has a great vision for the credit union industry and we’re incredibly excited about our strategic alliance,” said John Bratsakis, president/CEO of CUSI, Inc. “A credit union affiliate based in Maryland recently experienced record auto loan growth in the first 45 days of its partnership with MoveCU. We look forward to helping introduce this innovative technology to credit unions in our region.”
About MoveCU, Inc. Based in Santa Barbara, California, MoveCU, Inc. is the nation’s first credit union marketplace. Founded in January 2016, the fintech company offers software and business development services that connect credit unions with new members. The platform helps consumers find the best-priced financial products using the latest technologies.
About Credit Union Services Inc. CUSI is the Service Corporation of the MD|DC Credit Union Association and connects credit unions with business solutions to help them drive growth and success. By anticipating industry trends and partnering with a select group of carefully vetted service providers, CUSI enables the Association to offer its credit unions best in class, cost-effective solutions.