Rocky Hill, CT (March 20, 2025) |
DaLand CUSO, a leading innovator in financial technology solutions for credit unions, proudly announces Blaze Credit Union as its second-largest shareholder. This strategic partnership strengthens DaLand's commitment to delivering transformative solutions tailored to the needs of credit unions.
Blaze Credit Union joins Principal Owner St. Cloud Financial Credit Union, along with Altra Credit Union and DaLand employees, in advancing DaLand’s mission to equip credit unions with cutting-edge digital asset solutions and member-centric innovations. With the addition of $4.5 billion in assets and 250,000 members from Blaze, DaLand's credit union ownership group now represents a collective asset base exceeding $7.2 billion in cumulative assets and over 400,000 members. This ownership structure ensures that DaLand’s solutions are built by credit unions, for credit unions—reinforcing the cooperative model and driving long-term industry success.
A Powerful Coalition for the Future of Credit Unions
“Our growing ownership base reflects the trust and strategic alignment we have with forward-thinking credit unions like Blaze,” said Jed Meyer, Board Chair of DaLand CUSO. “Together, we are setting the foundation for the future of financial services, ensuring credit unions have access to the digital tools they need to compete, grow, and serve their members effectively.”
Blaze Credit Union’s leadership shares this enthusiasm for innovation and collaboration.
“Investing in DaLand CUSO is an investment in the future of our members and the broader credit union movement,” said Dan Stoltz, Blaze Credit Union CEO/President. “As digital transformation reshapes financial services, we recognize the importance of being at the forefront of that change—ensuring our members have access to the most secure, efficient, and member-first solutions available.”
DaLand CUSO’s CEO also emphasized the significance of Blaze joining its ownership group.
“The future of financial technology belongs to those who build it,” said Jeff Levesque, CEO at DaLand CUSO. “Blaze Credit Union’s investment not only strengthens our collective ability to innovate but also ensures that credit unions remain at the helm of shaping solutions that put members first.”
This investment underscores the industry’s shift toward core-centric innovation, where credit unions are taking a proactive role in developing technology that keeps them plugged into the future of money. CUSO stands for Credit Union Service Organization, which is a separate entity owned by a group of credit unions to provide shared services for their members.