NWCUA, Larky introduce CU values app for consumers CU values mobile app now available on Apple, Google Play
The mobile app helps credit unions create tailored location-aware promotions in partnership with fellow area businesses, maximizing member value on mobile screens.
SEATAC, WA (October 28, 2016) — CU Values, the mobile application developed by Larky in partnership with the Northwest Credit Union Association, is now available for download on the Apple and Google Play platforms.
CU Values helps credit unions to cooperatively build a mobile platform rather than forcing individual credit unions to take on the cost alone, saving members’ money in the process. Participating credit unions purchase ‘shares,’ each for $150-per-month. Each share includes one location-based notification to promote a product for their credit union. The process does not include enormous setup or implementation fees, or lengthy contract terms.
In addition, each share includes three unique offers at merchants in those communities, along with mobile advertising within the platform.
“The initial rollout will include a roster of four Northwest credit unions bringing CU Values to their members,” said Craig Reed, Director of Strategic Partnerships for NWCUA. “There is plenty of opportunity for additional partners to join, as well.”
The app works by targeting a member’s location and sharing deals on products and services nearby. From an auto body shop to coffee, members can pick and choose what deals to see, and when. All deals are immediate savings; no points to collect, or rebates issued later.
Deals are currently available in Washington state (Gig Harbor, Tacoma, Seattle, and Bellevue) and in Portland, Oregon and surrounding communities.
Credit unions suggest local companies to Larky. From there, Larky builds out the app, handles merchant outreach and negotiation, and input into the CU Values system. Credit unions, meanwhile, keep the focus on driving member value, and building relationships with local businesses.
CU Values can be access directly from the following platforms:
The Northwest Credit Union Association is the not-for-profit trade association representing over 180 credit unions in Idaho, Oregon, and Washington, and their 6.5 million consumer members. Northwest Credit unions are not-for-profit cooperatives, owned by their members. Credit unions help members achieve their financial goals. All earnings in excess of operating expenses and required reserves are returned to members in the form of lower loan rates, fewer fees and higher interest paid on savings. For information on how to join a credit union, please visit http://www.asmarterchoice.org.
About Strategic Link
Strategic Link is the NWCUA’s wholly-owned service corporation, using the power of collective action to provide the Association’s member credit unions with exclusive, high-quality, competitively-priced products and discounted services. Try our new CU Match Up tool to find the right partner for your credit union’s business needs.