Nine credit unions have extended their relationships with digital banking provider, Bankjoy, following their success using the company’s digital banking platform, which integrates with Corelation’s KeyStone core platform.
Bankjoy serves a growing client base of more than 70 financial institutions, including nearly 50 credit unions using Corelation for core processing. Bankjoy is Corelation’s first official Certified Partner, which recognises fintechs that have successfully integrated with its KeyBridge API.
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As a result, credit unions leveraging Corelation’s KeyStone core can easily and quickly add Bankjoy, and any Bankjoy credit union looking to migrate to its core can do so quickly with no disruption to member service.
The nine credit unions extending its relationship with Bankjoy
Among the credit unions on KeyStone that have renewed with Bankjoy are: Credit Union of Ohio, SafeAmerica Credit Union, Advantage Plus Credit Union, CommunityWide Federal Credit Union, One Detroit Credit Union, Coca-Cola Credit Union, Georgia Heritage Federal Credit Union, Mutual 1st Federal Credit Union and Marshland Credit Union.
Portia Powell, Chief Experience Officer at One Detroit Credit Union, said: “In an evolving digital landscape, it is imperative that we have a pulse on the latest trends occurring in our industry. We recognise that today’s members expect a modern, intuitive digital experience from their financial institution. Everyone at One Detroit Credit Union is thrilled to continue working with Bankjoy and give our members more ways to bank. Our team has also embarked on a new initiative with Bankjoy – launching a digital sub-brand for green lending and they have proven to be a true partner, not just another vendor. Together, we’re making a meaningful difference in our local communities and investing in a sustainable future.”
Michael Duncan, CEO of Bankjoy, commented: “It’s become evident that the majority of Americans are moving away from in-branch banking, with only 29% of Americans preferring to bank in person. In 2023, we saw over 2,500 branches close across the country. A strong digital banking experience is imperative and we are thrilled to see more credit unions deepen engagement with their members through online and mobile channels.”
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