America First Credit Union Partners with Loquat Inc. for Small Business Account Onboarding
2024年7月12日 - 7:00AM
ビジネスワイヤ(英語)
Top 10 credit union will adopt a new small
business banking platform to create a streamlined digital process
for business members including digital account opening, virtual
cards, payments and reporting
America First Credit Union has selected Loquat Inc. to help
enhance the onboarding experience for small business members. The
partnership will equip small business owners with time-saving
mobile solutions to make it easier, faster and more secure to run
their business and have full control over their finances.
“We’ve seen significant small business account growth across our
membership — and these members want to get up-and-running quickly,”
said Karey Thomas SVP of branch delivery at America First Credit
Union. “The partnership with Loquat will provide our business
members a modern experience tailored to meet the demands of the
commercial marketplace.”
In addition to new business account opening, Loquat provides
virtual debit and credit cards and enables payment and lending
products to be established within minutes using a proprietary
process that reduces the time that is historically required to
onboard new business members.
“We are looking forward to helping America First Credit Union
enhance its commitment to small businesses,” said Zarina Tsomaeva,
founder and CEO of Loquat. “More and more entrepreneurs are
striking out on their own, and finding a financial institution that
supports their business needs can be complex and time consuming.
America First Credit Union will bridge that gap for them.”
Business owners can learn more about America First Credit Union
at www.americafirst.com/business.
About America First Credit Union
Now in its 85th year, America First Credit Union has grown from
a single branch serving military personnel and federal employees
into one of the strongest and most progressive credit unions in the
country. The credit union is the largest in Utah, and has 115
locations across Arizona, Idaho, Nevada, New Mexico and Utah. It is
also the fifth largest credit union in America with more than 1.4
million members, and the seventh largest in assets with more than
$20 billion. America First Credit Union is a member-owned,
not-for-profit cooperative financial institution dedicated to
building communities and helping members do more with their money.
Learn more at americafirst.com.
About Loquat
Loquat, an innovative financial technology company, developed
and operates a proprietary small business cloud banking platform
designed with the small business customer and the financial
institution employees that serve them in mind by a world-class team
of former banking executives, fraud specialists, technology and
digital transformation experts, and business owners. The
end-to-end-platform allows credit unions and community banks to
improve or launch a streamlined digital banking functionality aimed
at serving small and medium-sized businesses (SMB) including new
account onboarding, lending, and cards and payments while
preventing fraud without sacrificing the user experience.
To learn more about Loquat, visit: www.loquatinc.io
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240710866628/en/
Dave Nellis America First Credit Union 801.827.8606
dcnellis@americafirst.com
Mahesh Jagadish Loquat Inc. mahesh.jagadish@loquatinc.io