Partnership helps credit unions retain deposits, boost member engagement
MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, announced its partnership with InvestiFi, a digital investing provider that enables account holders to buy and sell stocks, ETFs and cryptocurrency directly from their checking accounts. This partnership enables MDT’s credit union community to offer easy, intuitive investing tools to members from within their online banking journeys, creating stickier member relationships and driving growth.
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“Through our partnership, we are equipping our credit union community with next-generation tools to grow, compete and deliver more value to their members,” said Pete Major, VP of Fintech Solutions at MDT.
InvestiFi eliminates the need to transfer funds to external parties to invest, enabling financial institutions to retain more assets while attracting new account holders. Through InvestiFi’s exclusive funds flow and user-friendly interface, MDT’s credit union clients can now seamlessly and securely embed investing into their existing online banking experience, providing members with the tools needed to navigate financial markets with confidence and ease.
“MDT has a proven track record of connecting credit unions with the innovative solutions they need to compete and thrive,” said Kian Sarreshteh, CEO and Founder at InvestiFi. “With our leading Investing from Checking solution, MDT’s impressive credit union network can now tap into new sources of non-interest income, helping accelerate deposit growth and elevate digital engagement in a meaningful way.”
“In battle for deposits and a leading digital presence, InvestiFi is enabling community institutions to not only retain deposits but attract new ones – and we are proud to support this critical mission,” said Pete Major, VP of Fintech Solutions at MDT. “Through our partnership, we are equipping our credit union community with next-generation tools to grow, compete and deliver more value to their members. This partnership is another example of how we are helping credit unions navigate the increasingly complex fintech landscape.”
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