FinLocker, a pioneer in digital, consumer-permissioned personal financial fitness tools focused on homeownership, is proud to announce it has joined the American Credit Union Mortgage Association (ACUMA) as an affiliate member. Through this membership, FinLocker aims to enhance credit union membership benefits with digital financial services to attract and engage new members and empower existing ones with the financial tools and guidance needed to achieve and sustain homeownership.
The FinLocker financial fitness platform empowers first-time homebuyers, low-to-moderate income individuals and turned down applicants with the tools and guidance to build and monitor their credit, establish positive financial habits, and overcome financial challenges to improve their mortgage readiness so they can achieve and sustain homeownership.
“Credit unions play an important role in helping members in the communities they serve improve their financial lives. However, to be relevant to young members, they need to offer more digital tech services to attract the next generation of homebuyers,” said Brian Vieaux, President and Chief Operating Officer, FinLocker. “By joining ACUMA as an affiliate member, credit unions will benefit from using the FinLocker platform to attract new and younger members, and create a lifetime of loyalty and profitable long-term relationships by empowering members with the financial tools and guidance to prepare them for homeownership.”
ACUMA is an organization dedicated to helping credit unions optimize their real estate financing services. Its membership comprises federal- and state-chartered credit unions, Credit Union Service Organizations (CUSOs), mortgage insurance companies, secondary market investors, investment banking firms, and mortgage technology firms.
“ACUMA is committed to fostering opportunities for credit union professionals and their primary suppliers to network, share knowledge, build relationships, and expand market share,” said ACUMA President Peter J. Benjamin, CMB. “We are delighted to welcome FinLocker as an asset that will further enhance our members’ capabilities and strengthen the financial health of their communities.”
FinLocker will be represented by Brian Vieaux at the ACUMA Annual Conference, October 1-4, 2023, in National Harbor, Maryland. He can be contacted via email firstname.lastname@example.org or messaged through LinkedIn to schedule an onsite meeting.
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The American Credit Union Mortgage Association is a not-for-profit trade association dedicated to credit unions and mortgage lending. ACUMA provides resources and education to credit unions aimed at streamlining performance, processes, and procedures for real estate lending services. ACUMA’s goal is to encourage credit unions to help more consumers get fairly priced and safe mortgage loans delivered locally, and in so doing, provide them with a pathway to the American dream of home ownership. ACUMA brings together the shared real estate lending and financing interests of hundreds of credit unions and CUSOs. ACUMA member organizations include federal and state charted credit unions and CUSO, mortgage insurance companies, secondary market investors, investment banking firms, and technology companies. Visit ACUMA’s website at https://acuma.org/ for more information.
FinLocker provides a secure financial fitness app that aggregates and analyzes a member’s financial data to offer hyper-personalized journeys that guide users in building and monitoring their credit, managing their financial accounts, budgeting, saving, reducing debt, and improving their mortgage readiness. Members can also initiate their property search and store personal and financial documents, which can be securely shared with their loan officer directly from the app to start their loan application. Credit Unions white-label FinLocker to attract, assist and educate members, gain market share, reduce loan processing costs, reduce friction, and create a lifetime of loyalty. For more information, visit FinLocker.com.