Washington, D.C., March 12, 2024 – In a significant development for credit unions across the U.S., the Healthcare Credit Union Association (HCUA) and CUCollaborate have announced a strategic partnership aimed at supporting the growth and outreach of healthcare credit unions within their communities. This collaboration will equip HCUA-affiliated credit unions with advanced strategies and software solutions designed to foster expansion and better serve their members.
“As credit unions continue to consolidate, it is important to know how and when to grow in order to not just survive, but thrive,” commented Benita Harp, Executive Director of Healthcare Credit Union Association. “Our partnership with CUCollaborate is exemplary of our commitment to providing our members with resources to help them achieve their goal in serving healthcare employees around the globe.”
The missions of HCUA and CUCollaborate are closely connected in providing mechanisms for credit unions to grow and thrive. The cooperative spirit of this partnership seeks to connect healthcare credit unions with the resources necessary to expand. CUCollaborate’s consulting and software services assist credit unions with field of membership expansions, charter conversions, and leveraging regulatory programs such as LID and CDFI, alongside cutting-edge technology to attract and retain members.
Sam Brownell, Founder and CEO of CUCollaborate, reflected on the partnership’s strategic importance, stating, “Aligning with the Healthcare Credit Union Association is a deliberate step towards supporting the healthcare community nationwide. We are thrilled to join forces with HCUA to highlight the critical role of credit union services within the healthcare sector.”
An integral part of this collaboration will involve hosting webinars for HCUA members, offering insights and information tailored to the unique needs of healthcare credit unions. A special kickoff webinar is scheduled for later this month, with invitations soon to be extended to all HCUA members, marking the beginning of a promising journey towards greater impact and service delivery within the healthcare and credit union communities.
About CUCollaborate
CUCollaborate champions credit union growth through disruptive innovation. The company’s aim is to help credit unions adapt, grow, and succeed in the long term by offering innovation, insight, and know-how to help them do it.
About the Healthcare Credit Union Association
The Healthcare Credit Union Association promotes growth, viability, and unity of healthcare credit unions by maintaining a sharing and cooperative spirit among our members that serve the healthcare industry.
Membership is available to any credit union who serves a large, or multiple, Select Employee Group(s), within the healthcare community or whose charter so designates the medical industry (hospital, pharmaceutical, dental, etc.).
Leave a Reply