Mobile app partnership helps Unitus serve and support Black Oregonians
Unitus Community Credit Union is partnering with Financial Technology Solutions International (FTSI) to develop a mobile app intended to better serve the financial needs of the Black community.
This comes after Unitus received a grant for $50,000 from the National Credit Union Administration's Community Development Revolving Loan Fund program, intended to help fund expanded outreach to underserved communities while also improving security and digital services.
Portland-based Unitus is a local member-owned credit union, and FTSI is a minority-owned independent provider of custom digital solutions for financial institutions, including app development.
Megan Snyder is the assistant vice president of strategic partnerships at Unitus.
"Development of this mobile app is part of our commitment to the Financial Empowerment Collaborative," Snyder said. "Along with our other partners in the FEC, we are working toward creating a customized approach to building the financial wellness of underserved communities. The app will provide Black Oregonians with access to needed tools and resources from credit unions."
According to Unitus, the new mobile app is intended to make financial services more accessible to Black Oregonians through an inclusive process designed to foster financial and housing stability, while promoting generational wealth.
Susan Napier is the CEO of FTSI.
"FTSI has been a longtime partner with credit unions across the nation. Our core vision, 'where innovative ideas take flight,' is lived out through collaborations like this," Napier said. "We are honored to participate and serve in a project that advocates for financial equality and inclusion."
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