Open banking for
credit unions

Every credit union's data is already accessed through third-party data aggregators. It's time to start making your data work for you and your members with EDGE open banking insights.

VALUE PROPOSITION

Better member care starts with
what you already know

Verify income
Approve more
Improve offers

Automated detection of underwritable paystreams in your members’ share draft and external accounts

Fewer stipulations

Less abandonment

More real-time approvals

Decisions informed by more complete financial picture from your members’ cash inflows, outflows, and balance behaviors

Better credit access for underserved members

Default-neutral lending across credit spectrum

More competitive terms for members with responsible cash flow behavior to deliver offers at risk bands above where they’d land with bureau score alone

Higher look to book

Default-neutral

Improved member experience and goodwill

Product offering

Income verification

Automatically detect underwritable paystreams in any financial account

Risk scores & attributes

Bureau-like analytics based on banking activity and balance behaviors

Relationship attributes

Factors in member profile and account histories often considered in underwriting

Marketing prescreen

Target direct mail and calling with analytics based on ability to pay

Resources

Case study

Income verification

Learn how one Midwestern Credit Union automatically detects income for over 50% of their members with EDGE open banking insights.

Webinar

Open banking for Credit Unions

No one has better insights into your own members than you do with data you already have. Learn how to make the most of that data and improve member care with open banking insights.