DaLand CUSO forms CODE Council to propel CU technology
Blue FCU, Nutmeg State Financial CU named inaugural members
ROCKY HILL, CT (August 8, 2019) — DaLand CUSO, a next-generation technology CUSO, today announced the formation of its CODE Council. CODE, short for Core Optimized Digital Experience, is a revolutionary technology framework developed by DaLand that emphasizes extending core platform functionality in lieu of bolting on expensive add-on products. To ensure that DaLand’s direction truly meets the needs of today’s progressive credit unions, the CUSO formed the CODE Council. Its first two members are Blue FCU (Cheyenne, Wyo., $1.1B assets, 85,000 members) and Nutmeg State Financial CU (Rocky Hill, Conn., $454M in assets, 40,000 members), which also owns DaLand CUSO.
“DaLand CUSO is committed to partnering with credit unions seeking relevance through adopting the core-centric philosophy, which integrates modern technology as a ‘core’ component of a credit union’s composite technology and strategic business plan,” said DaLand CUSO CEO Jeff Levesque. “The CODE Council spotlights our most dedicated partners – those committed to the transformative process of regaining control of their data and driving business from the core to improve member experiences, which will allow these leading and innovative credit unions to share the results of this strategic framework with the industry and demonstrate a relevant and sustainable posture for the modern community financial institution.”
“Technologically speaking, we got tired of being Bolt-on FCU,” said Blue CEO Stephanie Teubner. “As a member of the CODE Council, Blue FCU will be able to chart a bold, confident, cost-effective and efficient course into the future.”
“We invested in DaLand CUSO because we recognized that credit union technology is changing,” said Nutmeg CEO John Holt. “With legacy technologies holding us back, and new technologies like cryptocurrency bearing down like a freight train, it’s clear that the status quo just won’t cut it.”
According to Levesque, DaLand CUSO is seeking three more credit unions to join the CODE Council.
About DaLand CUSO
Based in Rocky Hill, Conn., DaLand CUSO is a next-generation CUSO designed to benefit community financial institutions by functioning as their fintech experts and solutions consultants. With extensive experience in every level of financial institution operations and management, the DaLand team is comprised of three groups: Strategic Project Services (SPS), which draws upon the CUSO’s vast technical and professional experience to manage complex projects, conversions, and mergers; Vendor Strategy Services (VSS), which assists clients in strategically mapping out their technology partners and associated costs to create a sustainable and synthesized long-term IT and business strategy map; and the CODE division, which develops core-optimized digital experiences and extends the capabilities of relevant cores for DaLand CUSO clients that employ such cores. Additional information is available at www.dalandCUSO.com.
