NYMBUS, a provider of cloud-based financial technology solutions, is announcing a strategic partnership with Gesa Credit Union.
This collaboration will facilitate the launch of a digital financial brand. The alliance aims to extend the reach of the Washington-based credit union well “beyond the confines of The Evergreen State.”
Jeffery Kendall, Chairman and CEO of Nymbus, said:
“We are thrilled to partner with Gesa Credit Union in this new venture. Their commitment to using technology to improve the member experience perfectly aligns with our mission, and we look forward to providing the people, processes, and banking technology solutions needed to develop and launch an incredible digital financial institution.”
Gesa offers various financial products and services, “including checking and savings accounts, loans, credit cards, investment services, and insurance. Gesa is a certified Community Development Financial Institution (CDFI) and a Low Income Designated Credit Union focused on improving the lives of over 285,000 members.”
Gesa is committed to making “a positive impact in the communities it serves.”
It supports over 30 local schools and community organizations through its Affinity Partnerships program, which “allows members to earn funds for their favorite causes simply by using their debit cards.” Gesa also donates millions each year “to support local nonprofits and educational programs.”
Don Miller, President & CEO of Gesa Credit Union, said:
“We are excited to partner with Nymbus to create a new digital credit union built from the ground up to be digital, mobile, and member-focused. As a community-focused financial institution, all of us at Gesa are firm in our belief that this unique partnership will allow us to achieve our goals and create a digital credit union that exceeds all member and partner expectations.”
From modest beginnings in 1953, Gesa Credit Union has “grown from a part-time office operating out of a shoebox to one of the largest credit unions in the Pacific Northwest, serving more than 285,000 members worldwide.”
Gesa claims that it “has a rich history of providing its membership convenient access to an array of consumer, mortgage, and business products and services and reflects the early-day credit union motto, ‘people helping people’.”