Minneapolis, MN (July 20, 2017) – OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions, is excited to announce Credit Union of Colorado (Denver, CO) is the latest to join the collaborative Credit Union Data Integration and Analytics Platform after signing an agreement to implement the OnApproach M360 Enterprise.
“Data analytics is a major priority for us in 2017 and going forward. We believe we can leverage data in the best interest of our current and future members. By leveraging data in a smart and meaningful way we can help create memorable experiences for these members. At the same time we will be able to improve credit union performance with better data driven decisions,” said Doug Schneider, Vice President of Marketing, Credit Union of Colorado.
Credit Union of Colorado (asset size: $1.43 Billion, core processor: Symitar - Episys) determined the need for an enterprise analytics solution in order to keep up with the evolving expectations for financial services. In a time of increasing member expectations and fintech competitors, credit unions are in need of a data warehouse solution to provide powerful, easy, and validated analytics. OnApproach M360 exists to provide a collaborative, core-agnostic, solution so all credit unions can leverage data for informed decisions, increased profitability, and positive member experiences.
“We are excited to welcome Credit Union of Colorado to the collaborative M360 Ecosystem. It is great that they have taken this step as an organization to prioritize data analytics. I am excited to see how they are able to better serve their members through the use of data analytics, and we are glad to be able to assist them on this journey,” said Paul Ablack, CEO, OnApproach.
OnApproach is a CUSO that focuses on providing credit unions with the power to use data as a competitive advantage both independently and cooperatively. With OnApproach, credit unions can now harness the value of Big Data/Analytics through integration, advanced reporting, and predictive analytics. This deeper understanding of data allows credit unions to discover vital trends in member behavior, resulting in improved financial performance, reduced risk, and enriched relationships with members.
Austin Wentzlaff, Director of Business Development
(888) 523-6121 Ext. 110
About Credit Union of Colorado
At the time our credit union was founded in 1934, it was known as Colorado State Employees Credit Union. In the early days, only active state employees could be members. A lot has changed since then, and today we are known as the Credit Union of Colorado, a name that better reflects our broad and diverse membership. With more than 80 years of experience serving members, we’re proud of our strength, stability, and history as a member-owned financial institution. And we’re equally excited for what’s next. Today, more than 115,000 people, from all walks of life, enjoy the benefits of membership in a credit union that is worth over $1 billion in assets.
Doug Schneider, Vice President of Marketing