Freedom Credit Union & Narmi Launch Industry Leading Mobile Banking & Online Banking Platform
Freedom Credit Union partners with Narmi to launch beautiful and intuitive digital banking options for its 70,000 members.
WARMINSTER, Pa., Dec. 16, 2019 /PRNewswire-PRWeb/ -- Freedom Credit Union ("Freedom CU"), a ~$1.0 billion financial institution in Pennsylvania, introduced a new mobile and online banking platform to ensure the best experience possible for nearly 70,000 members. Freedom CU partnered with Narmi, a company that helps future-proof financial institutions through its digital banking, digital account opening and administrator platforms, on this initiative.
"Our members demand a digital-first experience with emphasis on functionality and user experience. Freedom partnered with Narmi because they push us to think differently than every other financial institution and their open platform gives us the flexibility we need to be nimble with new features and functionality," said John King, CEO of Freedom Credit Union.
Freedom CU placed a heavy emphasis on simplicity, design, and overall user experience when launching its new platform. Specifically, Freedom CU desired to have as much functionality as possible in their mobile application to keep up with digital trends.
"With pressure mounting from FinTech companies like Chime and N26, financial institutions need to implement a mobile and online banking platform that offers a large depth of functionality delivered in the most beautiful way possible. Freedom Credit Union understands this and we proud to count them as a customer," said Nikhil Lakhanpal, Co-Founder of Narmi.
Narmi also integrated with Freedom Credit Union's core banking system – Symitar Episys – to ensure real-time availability of data and real-time posting of deposits.
"Working with Symitar's robust and open API layer (SymXchange) allows us to bring Narmi's forward-thinking account opening and digital banking platforms to hundreds of financial institutions," Lakhanpal added.
Freedom Credit Union members now enjoy the below features digitally, among many others:
- Account to Account - Transfer to / from another financial institution
- Apply for a Loan / View Loan Status
- Deactivate / Reactivate Credit and Debit / ATM Cards
- Export to Quicken®, QuickBooks® or Microsoft® Money
- Make Check Deposits with immediate availability
- Order Checks
- Open Additional Shares and CDs
- Pay a Friend
- Pay Bills and Schedule Payments
- Security Alerts
- Transfer Funds and make loan payments
- View Accounts
- View your FICO® credit score
About Narmi
There are over 11,000+ regional and community financial institutions in the United States today. Through Narmi's mobile banking, online banking, digital account opening and banking APIs, these institutions better compete with Mega-Banks, Challenger Banks and FinTech companies to create a more diverse and engaging financial ecosystem. Today, Narmi's platform powers financial institutions with billions of dollars of assets and helps move millions of dollars between financial institutions on a daily basis.
SOURCE Narmi
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