Minneapolis, MN (November 16, 2017) – OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions, is excited to announce Workers Credit Union (asset size: $1.59 Billion, core processor: Fiserv – DNA (hosted through COCC – Insight)) of Fitchburg, MA has invested in OnApproach, a Credit Union Service Organization (CUSO). In addition to investing, Workers Credit Union had also selected OnApproach as its Big Data/Analytics provider in June of 2017.
Doug Petersen, CEO, Workers Credit Union, stated, “The industry needs standardized data so we can continue to collaborate on analytics and drive the credit union movement forward. Collaboration has empowered credit unions to grow and improve for years, and OnApproach is harnessing this spirit of working together to put the power of analytics in the hands of credit unions. We are proud to support OnApproach in this mission to empower credit unions with analytics and revolutionize the industry.”
“Credit unions are facing significant challenges in the form of fintech startups, disruption, digitization, and evolving member expectations. It is imperative that credit unions understand the role of analytics in creating a data-driven organization,” said Robert Lockett, Chief Strategy Officer and SVP of Diversified Services. “Analytics is the next major step for credit unions to continue to compete in financial services and improve member service.”
“As a CUSO, we aim to provide credit unions with the most frictionless data experience possible to grow the entire industry. It is exciting to receive Workers Credit Union’s support, and to have the opportunity to work with another organization that realizes the potential of collaborative analytics,” stated Paul Ablack, CEO of OnApproach
OnApproach is the only CUSO dedicated to credit union success through a collaborative analytics ecosystem. By providing a secure and frictionless data experience, OnApproach empowers credit unions to take full control of their own data and their own futures. We exist to serve the credit union movement with technology and expertise required for the digital transformation of the industry business model. OnApproach’s collaborative ecosystem enables communities of users, data scientists, and application developers focused on analytics innovation.
Austin Wentzlaff, Vice President of Business Development
(888) 523-6121 Ext. 110
About Workers Credit Union
Workers Credit Union is a high performing financial institution owned by its members, with 320 employees and 20 service locations throughout central and eastern Massachusetts. In 2017 Workers gave its members $3.3 Million as part of its annual GiveBack program which rewards members based on their utilization of credit union products and services. Workers is passionate about community, making financial contributions in the communities it serves and facilitating volunteerism among its staff.
Robert Lockett, Chief Strategy Officer and Senior Vice President Diversified Services