Clutch partners with the Iowa Credit Union League to revolutionize consumer banking
DES MOINES, IA (July 8, 2024) — Clutch, a leading fintech platform specializing in omni-channel consumer loan and deposit account opening solutions exclusively for credit unions, has announced a strategic partnership with the Iowa Credit Union League (ICUL) to assist more Iowa credit unions and their members.
With Clutch’s innovative platform, credit unions across the country gain access to cutting-edge technology aimed at enhancing member experiences while streamlining operations. Leveraging its expertise and collaborative approach, the platform aims to empower financial cooperatives with their digital aspirations and better serve their members in today’s rapidly evolving financial landscape.
As a Credit Union Service Organization (CUSO), Clutch boasts a portfolio of more than 100 clients and has garnered significant investment from distinguished entities such as Andreessen Horowitz, TruStage Ventures and Curql. Founded by Nicholas Hinrichsen and Chris Coleman, Clutch is uniquely positioned to drive credit unions towards digital transformation while upholding the industry’s core values of “people helping people”.
“This partnership marks a significant milestone in our mission to revolutionize consumer banking,” said Nicholas Hinrichsen, CEO of Clutch. “We are thrilled to join forces with the Iowa Credit Union League to further our commitment of empowering credit unions and their members.”
With Clutch’s state-of-the-art platform, credit unions can efficiently identify and address members’ financial needs, ultimately enhancing member satisfaction and loyalty.
“It’s exciting to see products like Clutch not only support the growth and vitality of credit unions, but also aid advancing the commitment to serving the needs of credit union members,” said ICUL Vice President, Jaimie Miller.
For more information about Clutch and ICUL, please visit https://www.withclutch.com/ and https://www.iowacreditunions.com/
About Clutch
Clutch specializes in transforming credit unions into forward-thinking fintechs. They utilize their solid financial foundations to provide responsible lending and deposit account creation for millions across America. The team is globally diverse, composed of top-tier innovators from various countries, each contributing unique expertise and perspectives. For more information on Clutch, visit https://www.withclutch.com/.
About Iowa Credit Union League
The Iowa Credit Union League is the trade association that represents the interests of Iowa credit unions and their 1.4 million Iowa members. Credit unions are cooperative financial institutions owned and operated by their members. Iowans use their credit union membership to receive higher interest rates on savings and lower interest rates on loans. For more information on ICUL, visit www.IowaCreditUnions.com.
