California Coast Credit Union, a $2.5B asset financial institution, announced last week that it selected Kony, Inc. as its new partner for online and mobile banking.
The credit union partnered with CU Engage, a credit union consulting company headquartered in St. Petersburg, FL., to help them close the deal via pricing analysis, contract evaluation, and negotiations.
“We brought CU Engage into our project during the final vendor selection — and we’re so glad we did,” said Angela Moran, CIO at California Coast. “At the time, we had an aggressive timeline and felt we needed an extra set of eyes during the contracting process. They were instrumental in ensuring that we negotiated a very thorough agreement. Not only did we benefit from CU Engage’s negotiation skills, but their depth of knowledge with various digital solutions in the credit union industry enabled us to ask the right questions at the right time. CU Engage truly provided a holistic approach to ensure that our partnership with Kony started off right.”
The success of the California Coast-Kony deal is a testament to the CU Engage team’s ability to jump into an existing evaluation and add tremendous value.
“We were thrilled to assist the California Coast team,” said Heather Moshier, Director of Technology Consulting at CU Engage. “They are forward thinking and focused on providing a solution that will be flexible to meet ever-evolving consumer expectations. We were able to quickly and comprehensively guide the credit union through the final, critical phases at an accelerated timeline that enabled them to meet tight internal project deadlines.”