Blend, a leading provider of digital banking solutions, has partnered with Andrews Federal Credit Union, the 4th largest credit union in Maryland with $2.6 billion in assets, to streamline deposit account opening for members.
“We saw an opportunity to enhance member engagement and streamline the overall application process,” said Marco Alvarez, SVP, Chief Retail Officer, Andrews Federal Credit Union.
“Our partnership with Blend is a major step towards offering a true end-to-end digital account opening solution that empowers our members to make informed financial decisions.”
As part of the partnership, Andrews Credit Union plans to leverage the robust features that are built into Blend’s deposit account solution. This includes a seamless, omnichannel application experience, counteroffer and multiple funding options that drive account conversion, IDV automation to manage risk levels, as well as Banker Workspace tools that help bankers focus on deepening member relationships.
“Providing a seamless, omnichannel application experience was crucial for Andrews Federal,” said Brian Kneafsey, Head of Revenue, Blend.
“With Blend’s deposit account solution, Andrews Federal can now meet their members wherever they are – whether in-branch, online or over the phone.
“We’re thrilled to partner with Andrews Federal and look forward to creating a significantly enhanced experience for their members.”
In addition to its deposit account opening solution, Blend’s unified platform includes a range of best-in-class digital experiences including consumer loans, home equity and mortgages.