March 20, 2024
Curinos, a data intelligence company, partnered with Achieva Credit Union, based in Pinellas County, Florida, to provide its Deposit Optimizer Essentials system. With this system, the credit union can manage and improve member deposits with analytical tools, according to a press release.
The system offers alerts on early warning indicators, which in turn can help financial institutions analyze deposit performance and adjust strategies and pricing to boost deposit growth.
"As rates shift, we needed a robust, easy-to-navigate solution, enabling us to react quickly and efficiently to changing market conditions," Veronica Schornheuser, product development management at Achieva, said in the release. "We chose Curinos for the exceptional level of service we have received from them in the past and the intuitive nature of the Deposit Optimizer Essentials platform."
"We know that, increasingly, smaller institutions need insight and analytics to increase deposit value and ultimately better identify and work toward growth targets," Agusta Patton, director of client services at Curinos, said in the release. "Curinos is excited to see our Deposit Optimizer Essentials solution put to work, serving Achieva's community, and we look forward to serving more markets in the future."