VyStar Credit Union selects Nymbus as its digital banking solution partner
By Pavithra R
The announcement is part of a landmark partnership that began earlier this year with VyStar’s $20 mn investment in the newly formed Nymbus CUSO.
“To thrive and meet today’s consumers’ sky-high expectations, the key is delivering unique value unavailable anywhere else. We’re thrilled VyStar has financially and now technologically invested in Nymbus’ mission to connect credit unions with trusted fintech offerings that generate growth while deepening member connections,” said John Janclaes, President of Nymbus CUSO.
VyStar Credit Union is the 13th-largest credit union in the U.S. with assets totaling $12 bn. It is also a market leader for continuously evolving its business to support members with dynamic banking products and personalized financial services. Amid heightened competition and consumer expectations, VyStar was looking for a partner that would reposition them to thrive with the constant and intentional innovation required to support sustained and meaningful member growth. With Nymbus, the CU will have an unparalleled digital banking platform to enable transformative change with relevant, cost-effective, time-saving digital solutions tailored to members’ needs.
“Our commitment to providing industry leading capabilities led us to Nymbus and its breakthrough digital offerings, which will deepen VyStar’s connection and value to members. Our previous investment already demonstrated our confidence in Nymbus. We’re now proud to lead by example for other credit unions seeking a trusted fintech partner to implement sophisticated technology, people and processes to offer progressive products and member experiences,” said Joe Colca, Senior Vice President of Digital Experience at VyStar Credit Union.
Founded in 2015, Nymbus is a leading provider of banking technology solutions for financial institutions to innovate and grow. With its complete suite of banking technology, tools and on-demand services, Nymbus enables banks and credit unions of any size to grow and attract new market segments.
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