Strunk Introduces Quilo To The Cooperative Credit Union Association

Strunk recently attended the Cooperative Credit Union Association CU Marketplace in Worcester, Massachusetts to introduce Quilo. Digital technology should be a top priority and Quilo is the #1 solution on the market. Quilo is an all-digital loan and payment platform empowering credit unions to offer POS financing directly to account holders. Credit Unions can take advantage of the lowest cost of funds and generate high-yield ROA while offering a competitively lower rate than FinTech lenders and major credit card issuers.

Strunk CEO Dan Roderick was proud to have the opportunity to present Quilo at the Executive Luncheon. Strunk representatives had many great conversations with credit unions that were excited about the program. Quilo helps credit unions attract new business accounts by offering small businesses a way to boost sales by 31% offering instant financing to customers. This helps the CU acquire new consumer borrowers that otherwise bank with competitors. Best of all, the credit union now has the opportunity to cross sell to new businesses and consumer relationships.

Quilos can also be used for new purchases online or in store, to pay down credit card balances, or move funds to a checking account. Account holders will experience stress-free, instant access to funds via the digital experience online and on mobile devices, while credit unions will enjoy net income up to 5% ROA.

Quilo has also been selected by CU 2.0 as their pick for a non-BNPL-specific solution for credit unions. CU 2.0 said, “Quilo enables community banks and credit unions to originate and service instant installment loans, providing account holders with immediate access to funds and no hidden fees. These loans can be used for BNPL, debt repayment, or account replenishment after purchases.”

Credit unions should take the chance to look at Quilo as soon as possible! Contact Strunk at info@strunkaccess.com to schedule a demo today!

Contact Info:
Name: Dan Roderick
Email: Send Email
Organization: Strunk
Address: 375 Northridge Road Suite 550, Sandy Springs, GA 30350, United States
Phone: +1-800-728-3116
Website: https://strunkaccess.com

Source: PressCable

Release ID: 89075384

If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.