Latest news with #CreditUnions
Yahoo
23-06-2025
- Business
- Yahoo
Algebrik AI Partners with TruStage™ to Offer Embedded Lending Protection Products Through the Loan Origination Journey
NEW YORK, June 23, 2025 /PRNewswire/ -- Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world's first cloud-native, AI-powered, digital era Loan Origination System (LOS), today announced a partnership with TruStage™, a financially strong insurance and financial services provider. This collaboration integrates the education of a broad suite of lending protection offerings from TruStage—including GAP coverage, debt protection, credit insurance, and mechanical repair coverage—directly into Algebrik's end-to-end digital lending workflows. Making Protection Part of the Lending JourneyWith this integration, Algebrik enables credit unions and community lenders to present TruStage protection products directly within the digital loan application flow—empowering borrowers to choose coverage that fits their needs without disrupting the journey. Whether for auto loans, personal loans, or other credit products, protection options are embedded natively into Algebrik's borrower experience and remain easily configurable by loan officers. Key Benefits of the Integration Comprehensive Coverage Options – Offer GAP coverage, credit insurance, debt protection, and mechanical repair coverage products—all surfaced directly within Algebrik's LOS. Embedded at the Point of Decision – Borrowers encounter relevant protection choices within the same digital flow, with no need to redirect or re-engage later. Configurable by Loan Type & Member Segment – Institutions can tailor which TruStage products are presented based on loan type, member profile, or risk category. Simplified Operations, Centralized Reporting – Built-in tracking, configuration, and compliance support helps lenders manage enrollment, documentation, and servicing with minimal manual effort. Bringing Value to the Lending Experience "Helping credit unions deliver more than just a loan has always been core to Algebrik's vision," said Pankaj Jain, Founder & CEO of Algebrik AI. "By embedding TruStage's protection suite directly into the origination journey, we're enabling lenders to offer financial resilience and peace of mind at the exact moment it matters most—without compromising speed, simplicity, or compliance." "As we face growing economic uncertainty, 80% of consumers say they would be interested in protection plans on their next loan. Yet more than half don't recall be offered these options," said Corinn Maier, VP, Lending Payment Protection at TruStage. "By embedding Payment Protection directly into Algebrik's LOS, we can more easily give consumers and lenders greater peace of mind and financial stability." About Algebrik AIAlgebrik AI, headquartered in New York City, is the world's first cloud-native, AI-powered Loan Origination System (LOS), designed for the next generation of members. In an industry that hasn't seen significant innovation in lending technology in over 25 years, it was high time that someone stepped in to help credit unions of all sizes regain their former glory. Algebrik AI's mission is to empower credit unions to attract, engage, grow, and retain next-gen members while staying competitive in today's digital era. By transforming loan originations end-to-end, Algebrik AI takes on the heavy lifting, allowing credit unions to focus on helping the members & communities they serve. For more information, visit About TruStageTruStage™ is a financially strong insurance and financial services provider, built on the philosophy of people helping people, meeting the needs of middle-market consumers and the businesses that serve them since day one. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities and improving the lives of those we serve today, and tomorrow. For more information, visit For more information on how Algebrik AI is transforming lending, visit For the latest on cutting-edge lending technology & AI, follow Algebrik AI on LinkedIn at: Or chat with the Algebrik AI team at: letschat@ Contacts Media:Algebrik AIPankaj JainFounder & View original content to download multimedia: SOURCE Algebrik Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
20-06-2025
- Business
- Yahoo
A bank and a credit union with Door County branches are on Forbes' Best-in-State rankings
One Wisconsin-based bank and one Wisconsin-based credit union each with branch offices in Door County were named to the Forbes magazine Best-in-State Banks and Credit Unions lists for 2025. North Shore Bank was one of seven banks in Wisconsin named to the best banks list by the venerable business magazine, while Capital Credit Union was one of nine recognized on Forbes' best credit unions list. North Shore is based in Brookfield and has branches in Sturgeon Bay and Sister Bay, while Green Bay-based Capital has two offices in Sturgeon Bay. The Forbes lists recognize financial institutions ranked as most valued by residents in each state, especially for meeting the unique needs and expectations of their local communities. Overall, 191 banks and 222 credit unions across the U.S. made the Best-of-State lists. To determine the rankings, Forbes partnered with market research firm Statista to survey about 26,000 U.S. residents and ask respondents how satisfied they were with banks where they have or recently had accounts. Respondents also were asked to rate their financial institutions on factors such as trust, customer service, digital tools, the quality of financial advice given and whether fees were transparent and reasonable. Additionally, Statista gathered more than 500,000 publicly available text reviews and ratings written between February 2022 and March 2025 about each bank and credit union. The surveys accounted for 80% of the score for each financial institution and the reviews and rating accounted for 20%. Founded in 1923, North Shore Bank is a mutual savings bank with assets of more than $2.5 billion and 42 offices throughout eastern Wisconsin and northern Illinois, including the two Door County branch locations. This is the sixth time it was named to Forbes' Best-in-State rankings. For more information, visit 'It's a true honor to be recognized as Best-in-State for the sixth year,' North Shore senior vice president of retail banking Susan T. Doyle said in an news release. 'For more than 100 years, we've built lasting, trusted relationships — with our customers, our communities, and our employees, and this recognition is a reflection of that ongoing commitment.' Incorporated in 1934, Capital Credit Union is a full-service credit union with total assets of more than $2.4 billion and 24 branches throughout northeastern Wisconsin, including the two in Sturgeon Bay, and digital banking services to serve its more than 118,000 member-owners. For more information, visit Contact Christopher Clough at 920-562-8900 or cclough@ MORE: Southern Door Community Auditorium announces its 2025-26 season MORE: Sister Bay short-term rental owners win case against village's denial of license FOR MORE DOOR COUNTY NEWS: Check out our website This article originally appeared on Green Bay Press-Gazette: Bank, credit union with Door County branches named among best in Wisconsin Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Phone Arena
22-05-2025
- Business
- Phone Arena
Google Wallet users in the US get another upgrade this week
There are so many banks and credit unions in the United States that Google has been trying to add them to its Wallet support list since the app was launched back in 2022. Google Wallet adds new names to the list of supported banks and financial institutions each month, to the point that it now supports over 5,000 (via AndroidPolice). This week, Google Wallet has added three dozen banks and credit unions to its list of supported financial institutions, pushing the total number over the 5,000 mark. The list includes mostly smaller banks and credit unions, which will now be able to provide their customers with advanced mobile payment features that the bigger names offer for quite some time. Here is the full list courtesy of AndroidPolice : Access Credit Union (IL) Artesia Credit Union Ashland Credit Union Austin Federal Credit Union (TX) Bank Of Orrick (MO) Bank Of Wisconsin Dells Cloaked Concho Valley Credit Union (TX) Cross Keys Bank F&M Bank (OK) Farmers and Merchants Bank (AL) Fidelity Bank of Texas (TX) First Kansas Bank (KS) First National Bank of Litchfield (IL) First Southern State Bank (AL) First State Bank of Uvalde (TX) Fort Mcclellan Credit Union Franklin Savings Bank (ME) Great North Bank (WI) KS StateBank (KS) Mayville State Bank (MI) Metrum Community Credit Union Money Federal Credit Union (NY) MoneyLion (NY) MUFG Bank Ltd. (NY) Northwestern Bank (WI) Oregon State Credit Union Rellevate Sawyer Savings Bank (NY) Shared Debit Business Card Southwest Research Center Federal Credit Union (TX) The Bank (US-KS) The Commercial Bank (SC) TruPartner Credit Union (OH) Union Bank (MI) Wakota Federal Credit Union (MN) Google Wallet is more than just a mobile payment app | Screenshot by PhoneArena Google Wallet stopped being just a mobile payment app some time ago when the Mountain View company decided to turn it into a digital wallet where users can manage not just their credit/debit cards, but also store passes, tickets, keys, and even IDs. The only disadvantage of the digital wallet is that Google Pay is not supported by all banks (currently available in 94 countries), but that's why Google is so focused on adding new names on the list of supported financial institutions each month.
Finextra
13-05-2025
- Business
- Finextra
Intellect names David Thomas as head for credit unions and smaller banks
Intellect Design Arena Ltd, a global leader in first-principle-based enterprise-grade financial technology, has strengthened its global sales leadership by appointing Dave Thomas as Head for Credit Unions, Small & Mid-market Financial Institutions. 0 In his new role, Dave will also oversee Forge operations, ensuring a smooth and seamless experience for our clients during this critical period. He will also lead Intellect's expansion in the Canadian market for Digital Engagement Platform amongst Credit Unions and Banks. Dave is a seasoned technology leader known for enabling organisations to transform their technology landscapes. Before joining Intellect, he served as Chief Technology Officer at Central One. His extensive career also includes over 25 years at Accenture, where he held several senior roles. His appointment at Intellect comes alongside 140+ talented professionals who joined Intellect after the successful transfer of Forge and Member Direct from Central One to Intellect in March 2025. Rajesh SaxenaRajesh Saxena, CEO, Intellect Consumer Banking, said, 'Dave brings a wealth of experience and a strategic vision that will be invaluable as we usher in a new era for Credit Unions in Canada and Banks. His track record of modernising and optimising technology infrastructures makes him the perfect leader for this transition. Dave's appointment underscores Intellect's commitment to providing a superior experience to Credit Unions & Banks in Canada. We are excited to welcome Dave to our team and look forward to his contributions.' Dave Thomas Dave Thomas, EVP & Head, Credit Unions, Small & Mid-market FI segment, Intellect Design Arena Inc said, 'I am excited to take on this new challenge with Intellect. The platform, which is the foundation of all Intellect offerings, is precisely the type of technology that can help Credit Unions and Banks to provide a world-class experience in Canada. Guiding Credit Unions in the adoption of these innovative technologies aligns perfectly with my passion for creating meaningful member experiences. I look forward to collaborating closely with the talented team at Intellect to ensure a successful transition.'
Irish Post
29-04-2025
- Business
- Irish Post
Credit Unions, An Post and Boots deemed most reputable brands in Ireland
THE Credit Unions has been ranked the most reputable organisation in Ireland in a public vote. The organisations take top sport in the Ireland Reputation Index 2025 study, which was revealed today. An Post takes second place and Boots Ireland takes third place in the annual list which charts the reputation of 100 brands in operation across the country. Aer Lingus and Lidl Ireland took fourth and fifth place, while Bord Bia, Dunnes, Toyota, Bons Secours Health System and St Vincent's Private Hospital completed the top ten, in that order. Tech firms Meta and X found themselves at the bottom of the pile, placing 99th and 100th respectively in the list. RTÉ placed 98th and the FAI (Football Association of Ireland) came just ahead at 97. David Malone, CEO, the Irish League of Credit Unions, Niamh Boyle, CEO, The Reputations Agency, Garrett Bridgeman, Managing Director and COO, An Post; Stephen Watkins, Managing Director, Boots Ireland Úisce Éireann (Irish Water) placed 96th with Ryanair finding itself in 95th place. The annual study is based on the perceptions of over 5,000 members of the public. It measures the level of trust, respect, admiration and esteem the public has for the largest, most familiar and most important organisations in Ireland, alongside 100 reputation, brand, purpose and ESG (environmental, social and governance) indicators. The 2025 study took place between January 3 and March 17, 2025, the report authors confirmed. The Credit Unions topped the annual ranking for the third consecutive year with an 'excellent' reputation score of 82.4 – one of just two organisations to achieve an excellent score this year. 'They were perceived to be the most down to earth, fair, flexible, genuine, sincere and straightforward organisation amongst the 100 studied,' the study explained. Responding to their ranking David Malone, CEO of the Irish League of Credit Unions, said: "We are so proud to once again be named as Ireland's most reputable organisation in this year's Ireland Reputation Index, which reflects the ongoing trust in credit unions all over Ireland, as well as the positive response we have received to innovations in the services we provide. 'This ranking matters as it is built on the consistent work of credit unions across Ireland to provide best-in-class financial services. 'Importantly, it is also a testament to our focus on maintaining an accessible and active presence in communities, while also driving innovation across our digital offering and broader services.' Ranked in second place, An Post also received an 'excellent' reputation score of 80.8 for 2025. It was recognised for 'bringing its purpose to life in acting for the common good, improving the quality of life across every community in Ireland, and for its transformation towards a sustainable business, successfully delivering in a new world of eCommerce and financial services'. In third place, with a 'strong' reputation score of 79.5, Boots was acknowledged for 'meeting customers' needs, demonstrating concern for the health and wellbeing of its employees and offering high quality products and services'. Reflecting on the study, Niamh Boyle, CEO and Founder of The Reputations Agency stressed the importance of investing in understanding, protecting and building reputation. 'From our 2025 study amongst over 5,000 members of the public we found that the public in Ireland is 15 times more willing to buy from an organisation in the excellent reputation tier, than from an organisation whose reputation falls into the poor reputation tier,' she said. 'Understanding the reputational impact of changes in the external environment is critical for organisations,' she added. 'From the wars in the Ukraine and Gaza, extreme weather events, the rise of the far right, a more emboldened manosphere in some jurisdictions, and a volatile US Presidency which has rattled the global economy – the world is in flux. 'Our advice to organisations is to be externally focused, other-oriented and hold firm to their values and sense of purpose while the rest of the world is spinning. See More: An Post, Boots, Credit Unions, Ireland, The Reputation Agency
