MINNEAPOLIS, Minn.—OnApproach announced that Our Community Credit Union of Shelton, Wash., has signed an agreement to implement the OnApproach M360 Enterprise – a data integration and analytics platform for the credit union industry.
"Data analytics has been a key initiative for us for some time now. Discovering insights from our data will empower us to better serve our member base and remain competitive in an ever-changing industry. OnApproach was an obvious partner for us to integrate all of our disparate data sources into a single source of truth," said Bert Fisher, president and CEO of Our Community Credit Union.
Our Community Credit Union was looking for a solution to integrate data from all of its disparate data sources in support of its efforts to build meaningful member relationships. Driven by an increasing number of product offerings and a widening variety of delivery channels, credit unions are facing the challenge of exponential data growth, the CU said.
“The ability to integrate disparate data sources into a single source of truth and capture value from data analytics is crucial for credit unions. OnApproach M360 Enterprise will enable Our Community Credit Union to compete and thrive in an industry being constantly disrupted by fintech startups and outside competitors,” the CU said.
"Our team has had the pleasure of working with the Our Community Credit Union team for the past few years when they first started using our product, Technology Navigator,” said Austin Wentzlaff, director of business development, at OnApproach. We are excited to see them make the transition to our enterprise solution which will allow them to integrate and analyze transaction data from all of their disparate data sources, enabling the analytics necessary to better serve their member base.”