SESLOC Federal CU chooses Lumin Digital as an enhanced digital banking services partner
By Edlyn Cardoza
Lumin Digital announced that California-based SESLOC Federal Credit Union has signed a multi-year agreement for Lumin Digital’s cloud-based online and mobile digital banking platform. Starting in February 2023, Lumin will support the credit union’s more than 57,000 members and more than $1.2 billion in assets.
“SESLOC is committed to giving its members the financial tools to find success, and Lumin Digital is committed to that same mission,” said Lisa Daniels, chief delivery officer for Lumin Digital. “SESLOC members expect superior-quality products and offerings when it comes to their finances, and our platform will deliver on their expectations.”
Lumin Digital, a cloud-native digital banking platform, will provide SESLOC credit union members with an integrated, customised experience that matches larger financial institutions’ offerings. Focusing on service, user experience, safety, and security through sophisticated automation, the company helps credit unions and financial institutions drive better user engagement through personalised recommendations. These include everything from spending insights and financial advice to fraud alerts and help with savings goals. Lumin also enables credit unions to provide users with real-time updates and new features that add value and simplify everyday banking.
Based in San Luis Obispo, SESLOC is a not-for-profit financial institution servicing members since 1942. Membership is open to anyone living, working, or attending school in San Luis Obispo or Northern Santa Barbara County.
“In an age where technology both connects and separates us, we continue to offer digital services with a human touch. Our approach with our service offerings is to build them with the unique needs of the Central Coast. Whether fully remote, in branch, or a mix of both, member preferences are always top of mind,” said Geri LaChance, president, and CEO of SESLOC Federal Credit Union. “We chose Lumin Digital for their robust platform that will provide our members with exceptional personalized products, technology and service.”
IBSi Daily News Analysis
March 01, 2024
Banking Sector and regulatory framework: addressing India’s growing demand for secure lockersRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage