Narmi & New Jersey Credit Union League partner to help NJ Credit Unions succeed

Narmi's endorsement by the New Jersey Credit Union League will help bring modern and beautiful financial technology to New Jersey Credit Unions

NEW YORK CITY, NY (May 30, 2018) — NJCUL Services Corporation and Narmi ( have partnered together to bring innovative financial technology to New Jersey’s 150+ Credit Unions. Narmi is a financial technology company – namely digital banking and online account opening – specifically designed for regional and community financial institutions like credit unions.

“We are proud to partner with NJCUL to solve the most pressing problems for New Jersey Credit Unions. Since Narmi is headquartered in New York City, we can easily meet with management teams, attend local chapter meetings and in general, have a deep presence in such a great state,” commented Narmi Co-Founder Nikhil Lakhanpal.

Narmi’s roots tie back to the Georgetown University Alumni & Student Federal Credit Union where Narmi founders Nikhil Lakhanpal and Chris Griffin served as CEO and CTO as seniors in college. The duo quickly realized that in order to compete, Credit Unions needed a more nimble and innovative partner that offered technology with not only the latest features, but also an open-architecture.

Narmi is proud to offer over 150 features in its platform and has partnered with innovative companies like Billshark (bill negotiation services) and Lemonade (affordable property insurance) to deliver a higher quality of service to Credit Union members.

“When we were looking for a partner in this area, we emphasized the need to provide a turn-key digital banking and account opening capability to our members,” said David Frankil, President & CEO of the New Jersey Credit Union League. “Narmi offers all that, plus the ability to provide unique benefits to members. Narmi gets it – it’s not just about the technology, it’s about enhancing the entire member experience.”

NJCUL members can utilize Narmi’s online banking, mobile banking, online account opening, CRM and support applications, and website design services. NJCUL partners are thoroughly vetted and carefully selected to ensure they meet the needs of New Jersey’s Credit Unions.

For more information about Narmi, visit

About Narmi Inc

Narmi is a financial technology company that builds enterprise solutions across digital consumer banking, business banking, and digital account opening. Financial institutions work with Narmi to be leading digital organizations, go to market faster with industry-leading functionality, and better compete with megabanks, challenger banks, and fintech companies. With a particular focus on openness, Narmi’s open framework allows financial institutions to build their own extensions and features onto the base platform to cater to their needs. Today, Narmi powers financial institutions with billions of dollars of assets and helps move millions of dollars between financial institutions daily.

About the NJCUL Services Corporation

The New Jersey Credit Union League Services Corporation (NJCUL Services Corporation) is a wholly- owned subsidiary of the New Jersey Credit Union League. NJCUL Services Corporation’s mission is to aggregate the distribution of value-added products and services that enable its members to improve operational efficiency and better serve their members. It identifies the premier products and services that empower our member credit unions to grow and thrive.


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