NACUSO Marketplace Provider
Organization Name: Mbanq CUSO
NACUSO Membership: Standard
Year Formed: 2021
Description of Your Services: With Mbanq’s Credit-Union-as-a-Service model, we enable Credit Unions to deliver a true digital member journey. Mbanq CUSO is compliant with all regulations, and with our integrations to system providers, we deliver the entire spectrum for your Credit Union of the Future.
Services You Provide:
Consulting Services:Regulatory Advocacy and AdviceBusiness ValuationField of Membership IssuesMergers and AcquisitionsGovernance and Operations AdviceOperational Services (Consulting)Financial ServicesStrategic Planning
Credit Card Lending:Sourcing Credit Card LoansServicing Credit Card LoansSoftware for Credit Card LendingConsulting on Credit Card Lending
IT Services:Proprietary Core IT ServicesIT Support of Core Services from a Third PartyIT Support for Non-Core SoftwareSoftware DevelopmentHome BankingArtificial Intelligence/Bot InterfaceMobile BankingIT Services Platform Design and IntegrationWebsite DevelopmentCyber SecurityConsulting for IT Services
Managing CUSO Investments:In Fintech’s Serving Credit UnionsIn Credit Union Owned Real Estate
Operational Services:Management, Training and Operational SupportShared BranchingRecord Retention Services
Payments:Bill PaymentDebit Card ProcessingCredit Card ProcessingPayroll ProcessingStored Value Card ProcessingCheck CashingPayment Item ProcessingElectronic Funds Transfer ServicesWire Transfer Services
Why should a credit union use your services?: With our unique skill set and established relationships with NCUA, Mbanq facilitates all the steps in the procedure of registering and setting up the Credit Union. Mbanq is the underlying service provider for Credit Unions which aim to offer a wide range of products and services to members. In today’s age, a tech solution is only as good as the ecosystem around it. That’s why Mbanq integrates with trusted partners offering managed services.
Number of Credit Union Customers: 5
Percentage of Users/Customers that are Credit Unions: 100
Are You a CUSO?: Yes
Are there investment opportunities for credit unions?: Yes
Describe Your Business Model:Fee for services.Cost containment through economies of scale.Only serve owners.
Are you currently seeking additional users/customers?: Yes
Do you offer discounts or other benefits for NACUSO Members?: Yes
Website Link: https://www.mbanq.com
Contact Information:Javier ValverdeVP(415) firstname.lastname@example.org