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Connect FSS Announces Investment from Credit Union of Denver

Connect FSS Announces Investment from Credit Union of Denver Share Article SANDY, Utah (PRWEB) April 28, 2021 Connect Financial Software Solutions ( Connect ), a CUSO providing advanced enterprise digital banking services to credit unions, announces an investment from Credit Union of Denver, a $1 billion asset credit union and a long-time client of Connect. CU Denver joins Altra Credit Union, City & County Credit Union, Summit Credit Union, Knoxville TVA Employees Credit Union, and Wescom Credit Union (via Wescom Resources Group) as investors in the CUSO. The investment from Credit Union of Denver will help Connect to further escalate the pace of product development. Connect has over 75 credit union clients using its digital banking, new account opening, and lending software platforms, and the company strives to continually stay ahead of the evolving needs of the industry. Adding more talented resources to its

Summit Credit Union joins bank on movement, receives certification from cities for financial empowerment fund

Summit Credit Union joins Bank On movement, receives certification from cities for financial empowerment fund Balance account certified to help consumers stay safe, get ahead financially MADISON, WI (April 15, 2021) Summit Credit Union’s Balance checking account has been officially certified by the Cities for Financial Empowerment (CFE) Fund as meeting the Bank On National Account Standards. The certification, announced by Bank On Greater Milwaukee, recognizes accounts that ensure low cost and high functionality while promoting consumer safety. The Balance checking account offers a variety of features that make checking more available and sustainable for members of the community, including no overdraft or nonsufficient fund fees, free bill pay, the ability to make purchases with a free debit card and federal deposit insurance. The account allows individuals and families to hold a basic transaction account for functions like direct deposit of income and stimulus and unemploymen

Notable Credit Union Leaders: Kim Sponem

Notable Credit Union Leaders: Kim Sponem President and CEO, Summit Credit Union Apr 12, 2021 12:00 pm Share Undergrad degree/university: Bachelor of Science University of Wisconsin-Madison Graduate degree/university: MBA Edgewood College Kim Sponem has been president and CEO of Summit Credit Union for nearly 20 years. In that time, she has grown the organization to be one of the largest credit unions in Wisconsin, with $4.5 billion in assets and more than 210,000 members. Summit is based in Cottage Grove, and has been growing into the Milwaukee area for the past decade. Under her leadership, Summit has been named the #1 Small Business Association (SBA) Lender in Wisconsin, among credit unions, by number of SBA loans approved.

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