Community and regional financial institutions can now show home value, home equity, educational resources, and personalized guidance and offers within their banking app

Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital banking platform.

Chimney leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital PlatformTM is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Chimney to directly integrate into the digital banking platform providing a seamless banking experience. This integration contributes to Jack Henry’s growing ecosystem of over 1,000 fintechs, providing approximately 7,500 financial institutions with relevant financial products and services for their accountholders.

Using Chimney’s embedded financial tools, financial institutions can engage more account holders digitally, generate deposits and fund more loans with intelligent recommendations that guide users to the right products. Financial institutions will also have access to Chimney Home, which is designed to elevate the online banking experience for homeowners by giving them the tools, data and insights they need to manage their biggest investment: their home. Financial Plus Credit Union is one institution already in the process of implementing Chimney’s financial tools.

"Financial education is key—and our partnership with Chimney will soon empower homeowners with personalized financial insights, helping them reach their financial goals by delivering the resources they need to maximize their home’s value and equity,” said Jessica McNier, SVP of Technology & Innovation at Financial Plus Credit Union. “By embedding these tools into our digital banking experience, we’ll help enable our members to make more informed financial decisions with confidence."

Rachelle Kippe, SVP of Lending at Financial Plus Credit Union added, “At Financial Plus, we’ve traditionally served homeowners through a cross-department strategy that combines mortgage lending, marketing, digital, and member service. With the upcoming implementation of Home Value+, powered by Chimney, we’ll connect these efforts to create an omnichannel experience that enhances access for homeowners, making it easier for them to engage with our Mortgage services while improving operational efficiency for our team.”

Chimney Home provides homeowners with actionable advice about their home value, home equity, borrowing power and pre-qualified offers - embedded within the digital banking channels today’s customers prefer.  As a result, financial institutions can better engage homeowners with proactive product offers, which is key in the booming home equity market.

“For many years, financial institutions have lacked the resources needed to personalize product recommendations for homeowners. At the same time, getting approved for a home equity loan is a big feat, sometimes taking months and causing frustrations for many consumers. That’s why we created Chimney Home,” said Matthew Covi, co-founder and CEO of Chimney. “By combining financial health data and blending it with a homeowner’s property data, we’re empowering financial institutions to make more personalized loan recommendations in the fiercely competitive home equity space and allow account holders to take action on those recommendations right within their digital banking app. We’re thrilled to announce our integration with Jack Henry and to embed our Chimney Home technology into Jack Henry’s digital banking platform and their growing ecosystem.”