MADISON, Wis. – CUNA Mutual Group today announced Chartway Federal Credit Union (Opens in new window), with $2.1 billion in assets, headquartered in Virginia Beach, Virginia, and STCU (Opens in new window), with $2.6 billion in assets, headquartered in Spokane, Washington, will partner with CUNA Mutual AdvantEdge Analytics (Opens in new window) to implement their integrated data management and analytics services.
In addition, Chartway and STCU have signed on as charter members. As industry partners, these credit unions will offer industry insights and strategic guidance to enhance AdvantEdge Analytics’ data management offering to benefit the credit union industry.
“We are dedicated to making life more affordable for our members, and working with AdvantEdge Analytics will be critical in supporting our vision,” said Brian Schools, president & CEO, Chartway Federal Credit Union. “The data insight, expertise and resources we will gain from this partnership will help us develop meaningful strategic products and services that will translate into a stronger member experience.”
Said Belinda Caillouet, chief operations and information officer, STCU, “We are excited to work with AdvantEdge Analytics to help our credit union deliver a better member experience. We firmly believe in furthering our technology and data capabilities as well as strengthening our core business practices to enable us to help meet our members' financial goals.”
Both Chartway and SCTU are looking to AdvantEdge Analytics to help them strengthen operational excellence through data management and build out their data analytics capabilities with improved reporting and performance management.
“Our partnerships with STCU and Chartway will continue to help AdvantEdge Analytics build a strong advanced analytics foundation for the industry that delivers better insights and drives greater value for credit unions and their members”.,” said Tim Peterson, president, AdvantEdge Analytics. “We are excited to work together and help these customers identify new growth opportunities that will support their members’ financial security for the long term.”
AdvantEdge Analytics provides an industry-leading integrated suite of software, analytics and business intelligence tools. As part of CUNA Mutual Group’s multi-year investment in innovation and data analytics, the company is focused on significantly expanding the scale of data to help credit unions gain stronger member intelligence, accelerate analytics adoption and strengthen market share. For more information, please visit www.advantedgeanalytics.com (Opens in new window).
Founded by educators in 1934, STCU is a member-owned, not-for-profit cooperative with more than 171,000 members and $2.6 billion in total assets. Membership is open to anyone who lives, works, worships or attends school in Washington or North Idaho. STCU membership has grown nearly 60% with over 71,000 members since 2011. With 21 branch locations, STCU operates as a full-service financial institution, with investment accounts, business services, and an abundance of services to save its members time and money. STCU is committed to building the best possible relationship with every member by maximizing the value of every financial relationship through cost-effective financial services consistent with cooperative principles, applicable legislation, and prudent management. For more information visit: www.stcu.org (Opens in new window).
About Chartway Federal Credit Union:
Chartway Federal Credit Union, a not-for-profit financial institution, has been proudly serving members for more than half a century. Guided by its vision, mission, and values, the $2.1 billion credit union is dedicated to making life more affordable for its 180,000 members through nearly 50 branches and a full slate of online, mobile, and telephone banking services, including mobile deposit, mobile bill pay, and digital wallets. Chartway is one of the largest credit unions in the country and serves members in every state and several countries. With major membership concentrations in Virginia, Utah, and Texas, the credit union is consistently recognized for its financial strength, its high ratings in member satisfaction, its contributions to its communities, and for being an award-winning leader in charitable giving through its We Promise Foundation. For more information, please visit www.chartway.com (Opens in new window).
About CUNA Mutual AdvantEdge Analytics, LLC:
CUNA Mutual AdvantEdge Analytics, LLC (AdvantEdge Analytics) provides comprehensive technology and data analytics services for credit unions. AdvantEdge Analytics brings together data management, visualizations and advanced modeling into an end-to-end offering. Built on more than 80 years of commitment and experience working with credit unions and their members, AdvantEdge Analytics collaborates with credit unions to effectively harness the power of data in new and insightful ways. Additional information about AdvantEdge Analytics can be found at www.advantedgeanalytics.com (Opens in new window).
About CUNA Mutual Group:
CUNA Mutual Group is a financially strong insurance and investment company. For generations, we’ve partnered with credit union leaders to protect and grow their businesses, and help people plan, protect and invest for their future. CUNA Mutual Group offers commercial and personal insurance products; lending and payment security solutions; and retirement, investment and marketing services. Additional information about the company can be found at www.cunamutual.com.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company and MEMBERS Life Insurance Company. Corporate headquarters are located in Madison, Wis.