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From the October 24, 2012 issue of Credit Union Times Magazine • Subscribe!

Stamford’s Mobile First

 

The 4,700-members of Stamford Federal Credit Union in Stamford, Conn., are now being offered the triple play in mobile banking.

The $54 million SFCU is headquartered in the Stamford Government Center and serves city employees and their families. SFCU said it is the first credit union in the greater Stamford market to offer mobile banking.

The service is on the mFoundry platform through the credit union’s core processor, COCC of Avon, Conn.

The service includes SMS text banking, a browser-based application and downloadable apps for Apple and Android devices, the credit union said. The service launched in mid-August and SFCU said it expects 3% of its membership to be signed up by the end of this month.

“Given the widespread popularity and use of mobile devices, we are excited to provide the tools members need to manage their finances in ways that make sense for their busy lives,” said SFCU President David Lucas.

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