The Nation’s First Credit Union – St. Mary’s Bank – adds AKUVO Aperture
MALVERN, PA (December 28, 2022) — AKUVO, a technology organization specializing in collections and credit risk, is pleased to announce that St. Mary’s Bank, the nation’s first credit union, has signed on to its Aperture platform.
The $1.5 billion institution, headquartered in Manchester, N.H., provides progressive products and services to consumers and businesses. The credit union’s loan portfolio includes a complete suite of consumer, real estate and commercial lending products. Aperture’s cloud-based, API-enabled structure will allow St. Mary’s Bank to streamline its day-to-day collection activities and specialty processes like bankruptcy, repossession and foreclosure.
“We are committed to providing state-of-the-art banking services,” said Jan Raymond, executive vice president and chief lending officer at Mary’s Bank. “With the amount of automation and integration we plan to leverage in Aperture, our team will have more time and the right tools to offer a first-class member experience while also managing risk and lowering delinquency.”
“I think all service providers feel a tremendous sense of pride when they are chosen by the nation’s first credit union, and that is certainly the case at AKUVO” commented Steve Castagna, AKUVO’s Chief Revenue and Operating Officer. “We look forward to assisting St. Mary’s in leading the credit union movement with its superior service and commitment to innovation.”
About AKUVO
AKUVO is a leading provider of cloud-native collections software solutions that elevate how banks, credit unions, and fintechs collect and manage their portfolios via its products. Whether it is through their stand-alone virtual collector, or its next-generation collections platform, AKUVO provides the technology and data necessary to increase collections efficiency, provide a digital consumer experience, reduce staff costs, anticipate delinquencies, and provide insight into future credit decisions. AKUVO delivers a digital future for collections and account performance management with a visionary, behavior-based approach while taking full advantage of emerging technologies such as artificial intelligence, natural language processing, and machine learning. To learn more, visit www.akuvo.com.
