Nation’s largest CUSO selects nCino to manage growth
CUBG seeks to automate, streamline processes via cloud-based technology
WILMINGTON, NC (July 20, 2016) — nCino, the worldwide leader in cloud banking, announced today that CU Business Group, LLC (CUBG), the largest business services CUSO in the United States, has selected its Bank Operating System.
CUBG uniquely provides its more than 500 credit union members with both lending and deposit business services, as well as with comprehensive educational tools. The CUSO aims to automate workflows and gain access to a more efficient and informative operating environment. CUBG expects nCino’s Bank Operating System to better manage critical multistep workflows with more consistency, streamline reporting and equip users with complete, accurate information when they need it. nCino’s Bank Operating System combines customer relationship management (CRM), business process management and reporting for CUBG, all within a single, secure cloud environment.
Larry Middleman, CEO of CUBG, explained, “nCino is a big step toward enabling us to pull together data and functions and increase efficiency in our operations. We carefully consider the most cost effective solutions to operate a successful organization and to extend quality service to our members. nCino’s platform accomplishes all of these needs; it’s a large toolbox filled with instruments and resources we can use in a variety of ways.”
“CUBG is well-known for its leadership in business lending, so its decision to now incorporate nCino as part of the organization’s strategy is a compliment to our team,” said Corinne Kalsky, regional vice president of credit unions at nCino. “We have seen powerful results from each of our distinct CUSO relationships, which all have very different uses for our technology. Partnering with these entities is proving successful in supporting a range of credit unions with a comprehensive platform to suit their needs, regardless of their experience level or portfolio size.”
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino's single digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions globally, whose assets range in size from $30 million to more than $2 trillion. For more information, visit: www.ncino.com.
Established in 2002, CU Business Group, LLC, provides a wide array of business lending, deposit, and consulting services to credit unions nationwide. Based in Portland, Oregon, with offices in the West, Southwest and Eastern U.S., CU Business Group has a staff of 40 professionals and serves 527 credit unions in 46 states. For more information, visit www.cubg.org.