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Our Community Credit Union Partners with OnApproach to Leverage the Full Potential of its Data

Posted by Mark Portz on Jul 21, 2016 11:45:00 AM

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Minneapolis, MN (July 20th, 2016) – OnApproach (www.onapproach.com), a leading provider of Big Data and Analytics solutions for credit unions, is pleased to announce Our Community Credit Union of Shelton, WA has signed an agreement to implement the OnApproach M360 Enterprise – A data integration and analytics platform for the credit union industry.

“Data analytics has been a key initiative for us for some time now.  Discovering insights from our data will empower us to better serve our member base and remain competitive in an ever-changing industry.  OnApproach was an obvious partner for us to integrate all of our disparate data sources into a single source of truth.” Said Bert Fisher, President and CEO, Our Community Credit Union.

Our Community Credit Union (asset size: $328 Million, core processor: D+H (UltraData)) was looking for a solution to integrate data from all of its disparate data sources in support of its efforts to build meaningful member relationships. Driven by an increasing number of product offerings and a widening variety of delivery channels (e.g. mobile), credit unions are facing the challenge of exponential data growth. The ability to integrate disparate data sources into a single source of truth and capture value from data analytics is crucial for credit unions.  OnApproach M360 Enterprise will enable Our Community Credit Union to compete and thrive in an industry being constantly disrupted by FinTech Startups and outside competitors.

Austin Wentzlaff, Director of Business Development, at OnApproach said, “Our team has had the pleasure of working with the Our Community Credit Union team for the past few years when they first started using our product, Technology Navigator. We are excited to see them make the transition to our enterprise solution which will allow them to integrate and analyze transaction data from all of their disparate data sources, enabling the analytics (e.g. predictive analytics) necessary to better serve their member base.”

About 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.

Contact Information

Austin Wentzlaff, Director of Business Development

austin.wentzlaff@onapproach.net

(888) 523-6121 Ext. 110

www.onapproach.com 

About Our Community Credit Union

Simpson Employees Federal Credit Union, was established in Mason County on December 3, 1941 by a group of loggers.  Their vision to having their own credit union was to offer fair savings and loan rates to workers unable to get basic financial services from the local bank. Since then the credit union changed its name to Our Community Credit Union (OCCU) to better reflect the growing and diversified member base. In 2010, OCCU expanded its field of membership to include all residents in the state of Washington.  OCCU has $328 million in assets, over 27,000 members and operates seven branches located throughout Mason and Grays Harbor County and Vashon Island in King County.

Contact Information

Bert Fisher, President & CEO

bfisher@ourcu.com

360-427-3401

www.ourcu.com

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Topics: Data, New Client, CUSO

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