May Heats Up as Eltropy Signs a Record 15 New Contracts

Agreements include new Credit Union business and Technology Partnerships

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Eltropy, “The Best* text messaging-based platform for Credit Unions,” announces it has signed a company record of 15 new contracts since the beginning of May.

“Eltropy has catapulted itself into the summer as the fastest growing Text Messaging solution for Credit Unions,” said Ashish Garg, co-founder and CEO of Eltropy. “We have proven that we are fully committed to the industry and always treat Credit Unions as long-term business partners opposed to merely customers. We look forward to continuing our momentum during such a pivotal moment in history.”

Contracts include 13 new Credit Union customers among other partnerships.

Affinity Plus – $2.4B AUM

Banner Federal Credit Union – $59.5M AUM

Common Cents Credit Union – $33.8M AUM

CS Credit Union – $29.8M AUM

CUProdigy – partnership agreement

Enrichment Federal Credit Union – $530M AUM

iQ Credit Union – $1.22B AUM

Illinois State Credit Union – $138.9M AUM

LifeWay Credit Union – $45.5M AUM

Meritrust Credit Union – $1.27B AUM

Northwest Louisiana Federal Credit Union – $9.7M AUM

Prisma Campaigns – partnership agreement

Sunflower Community Credit Union – $17.1M AUM

Telco Community Credit Union – $198.7M AUM

Weyco Community Credit Union – $71.5M AUM

With Covid-19 drastically changing the way Credit Unions engage with members, Text Messaging is the best way for Credit Unions to stay connected with members. Given its commitment to purposeful communication, compliance and security, Eltropy has proven to be an essential solution for Credit Unions during the pandemic and beyond. 

New Eltropy customer Andrew Perez, CEO of Northwest Louisiana Credit Union, said, “When I saw this Eltropy in February, it was a nice thing to have. But then Covid-19 happened. And now texting has become a necessity to communicate with our members.” 

* CUNA Strategic Services selects Eltropy as the ‘best text messaging solution’ for credit unions

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About Eltropy

Eltropy enables Financial Institutions to digitally engage in a secure and compliant way. Using our world-class digital communications platform, Credit Unions, Banks, Debt Collectors, Insurance Companies, Lenders and FinTechs can improve operations, engagement and productivity. Eltropy also integrates with IT systems, such as Symitar and Corelation, and uses Analytics to provide engagement insights. For more information about Eltropy, please visit eltropy.com.

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