Bankjoy signs two more credit unions to join its tech ecosystem
DETROIT, MICH (July 9, 2020) — Online and mobile banking provider Bankjoy has signed two more credit unions to join its mobile and online technology ecosystem, looking to leverage its online/mobile offerings to help them take that next step into the future of online banking. The latest credit union signings include:
- CACL Federal Credit Union ($146 million; 11,600 members; Pottsville, PA)
- SIU Credit Union ($344 million; 40,800 members; Carbondale, IL)
According to CACL Federal Credit Union COO Joshua Burgess, CACL can increase its membership base by being able to offer more convenient options for all members while they are on the go. In the past, the credit union wasn’t able to give its members the best possible online/mobile experience. It was functional, but it did not have the “wow” factor they were looking for and Bankjoy can deliver that to them.
“We were blown away by the layout and advancements within the platform compared to the competition,” Burgess says. “Voice banking, such as ‘Joy,’ was a huge selling point for us, and we loved the idea of offering that service to our members.”
CACL’s primary goals are to offer their members the most convenient, current, and reliable technology available. “They deserve nothing less than the best that’s out there,” Burgess adds.
“As digital demands continued to rise – as well as fraud – within the credit union industry because of COVID-19, we are pleased to provide our technology offerings to meet these growing demands at SIU and CACL,” states Bankjoy CEO Michael Duncan. “Having these progressive tools to make online processes more efficient and user friendly only enhances the value of credit unions not only right now but for the foreseeable future, as well.”
Detroit-based FinTech, Bankjoy, delivers modern banking technology, including mobile banking, online banking, and a banking API to banks and credit unions — big and small. The company prides itself on creating beautiful products with advanced features, simple navigation, modern look and feel, and world class user experiences shaped by talking with clients. Bankjoy is backed by Curql Collective, Bessemer Venture Partners, Y Combinator, and CheckAlt. For more information, visit www.bankjoy.com.