Blue Federal Credit Union partners Cotribute for digital account opening platform

  • Blue Federal Credit Union partners with Cotribute for digital account opening.
  • Aiming to simplify the account opening process and boost membership growth (currently over 115,000 members in Wyoming and Colorado).
  • Cotribute successfully launches digital account opening in just 30 days, focusing on deposit growth and enhancing member experience.
  • The partnership also facilitates the launch of Blue’s Inner Development Goals (IDG) platform, salvaging a year-long strategic product release.
  • Described as “lifesaving” by Kent Richard, Blue’s CIO, after overcoming a critical setback with a previous vendor.
  • Cotribute, founded in 2014 and based in Anaheim, California, offers solutions for customer acquisition, data analysis, and loan origination for banks and credit unions.
  • Philip Paul, CEO of Cotribute, emphasizes driving technology innovation and growth for Blue, aiming to better meet the needs of its members.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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