Credit Union Connection

View Original

Leagues Announce Partnership with Credit Mountain, Clutch, and Carefull

Uniquely Tailored Business-Partner Solutions for Credit Unions and Their Members

The California and Nevada Credit Union Leagues, a leader in providing transformative solutions to member credit unions across both states, announced new business partnerships today with Credit Mountain, Clutch, and Carefull — three distinguished financial service providers that have a history of delivering innovative, trustworthy, and member-first solutions to credit union members.

Staying true to the Leagues’ mission of powering credit unions with uniquely tailored approaches and strategic collaborations, each new partner has a proven track record of success in the financial services industry. They have consistently delivered exceptional credit union member experiences and fostered meaningful relationships.

League-affiliated credit unions will now have access to a range of these business partners’ products and services, designed and carefully crafted for their individual needs.

“Navigating the complexities of the business partner landscape is just one of many ways we deliver value back to our credit unions,” said Larry Palochik, executive vice president of the Leagues. “We've meticulously curated a suite of top-tier credit union solutions designed to address distinctive challenges and extraordinary opportunities, all while keeping credit unions’ priorities in mind. We look forward to Credit Mountain, Clutch, and Carefull being trusted partners that enhance credit union members’ satisfaction and ensure our industry’s competitive edge.”

Vice President of Membership and Credit Union Solutions Joe Keller said the Leagues remain committed to elevating credit union experiences through perceptive and creative business-partner solutions.

“Our new partnerships announced today mark a significant milestone in fulfilling that commitment, further solidifying the Leagues’ dedication to providing the best possible products and services,” Keller said. “From robust insurance and lending options to streamlined compliance services and revenue-generating opportunities, we’re excited and remained focused on the positive impact our Credit Union Solutions division continues to have with expanded options for all member credit unions.”

Credit Mountain

  • Credit Mountain's revolutionizes the loan-decline experience, providing a compassionate and actionable path forward for declined borrowers. Key offerings include:

  • Benefit to credit unions: Improves member satisfaction and retention, while also fostering long-term relationships. Credit Mountain uncovers new lending opportunities and helps credit unions become the trusted financial partner for members throughout their credit journey.

Clutch

  • Clutch's mission is to empower credit unions to become fintech leaders. Key offerings include:

  • Benefit to credit unions: Delivers a next-generation fintech member experience to empower your credit union to originate and recapture loans and deposits. Credit unions can streamline processes and reduce member friction, increase conversion rates with modern product designs, and foster continuous engagement and product offerings. Clutch enables credit unions to compete in the digital age by offering a seamless, efficient, and member-centric financial experience.

Carefull

  • Carefull's mission is to provide financial safety for older credit union members and their families by addressing the unique financial challenges faced by older adults.

  • Benefit to credit unions: Increases member retention and deposit growth, building stronger relationships with members and their families. This helps align with credit unions’ member-focused mission of providing financial security. Carefull offers an experienced slate of leaders in technology, finance, security, and caregiving, supported by industry-leading investors.