Credit Union Connection

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Co-op and Constellation Form Client Task Force

Co-op Solutions and Constellation Digital Partners announced today that the two credit union service organizations have formed a task force of mutual clients to expedite the smooth integration of Co-op digital apps into Constellation’s online and mobile banking platform.

 

“Partnering with Constellation and our credit union clients on this task force will accelerate smooth integration of lifestyle-banking solutions,” said Gail Tofil, Vice President, Strategic Business Development, for Co-op. “This is about momentum in the digital space. The faster we reach our integration objectives, the sooner credit unions will reap the rewards of Co-op’s and Constellation’s investments in digital transformation.”

 

Leaders from Coastal Credit Union, Farmers Insurance Group FCU, Kinecta Federal Credit Union and Nusenda Credit Union join representatives of Co-op and Constellation on the task force. Foremost on the list of solutions to be tackled through this collaboration is the support for card management, and the capability to reveal card data – to leverage the capabilities of fintech services already on the Constellation platform. Additionally, the credit unions will determine which Co-op digital payment solutions, like P2P, bill pay and account access, will most benefit their members' needs. 

 

Co-op is among Constellation’s original investors and has engaged with the fintech in different capacities since its founding in 2017. Constellation innovates to deliver on the promise that credit unions “don’t need big bank money to afford big bank technologies.” The task force will break down the “how” of that promise by setting and executing solution integration plans for connecting Co-op products to Constellation’s digital banking platform.

 

“To enable banking as members have come to expect, credit unions need to bring innovation to the market faster and with a more diverse set of solutions,” said Dawn Sirras, SVP, Fintech Partnerships for Constellation. “App diversity extends primary financial relationships by meeting members where they are across more of those sticky, everyday banking moments.”

 

Co-op intends to form additional task forces with other technology business partners to further help the industry meet modern members’ digital payments expectations.

 

“We believe strongly in listening to our clients through collaborative forums, such our client Co-Creation Councils and task forces comprising technology partners to provide the best experience for credit unions and their members,” said Tofil. “This is a real differentiator for Co-op in the market, and we will continue to dedicate resources to grow this service model.”