Nickels is proud to announce that it has recently partnered with Envisant to empower credit unions across the country to take control of their members’ credit card debt. Driven by a mutual commitment to supporting financial health, the partnership will allow Envisant to connect credit unions with Nickels’ financial health solution to bring value to both institutions and their members.
Nickels’ checking account analysis and white-label web application, Credit Card Coach, empower credit unions to support their members’ credit card health and unlock opportunities to enrich relationships through refinancing, targeted offers, and personalization. The application leverages behavioral science and data to provide personalized advice that helps users avoid extra card fees, pay down debt faster, cancel recurring charges, and increase their credit scores. Meanwhile, account and transaction data is fed back to their credit union, creating opportunities to refinance members’ third-party debt into existing loan products.
“Nickels is excited to partner with Envisant and extend our reach in Illinois and across all 50 states,” says Joseph Gracia, Founder & CEO of Nickels. “Our white-labeled Credit Card Coach web app compliments their card program offerings nicely, and working together, I’m confident that we’ll be able to help many credit unions refinance their members’ third-party credit card debt.”
“I look forward to seeing the impact this partnership will have on strengthening the way credit unions and members work together to advance member financial well-being,” says Libby Calderone, President of Envisant. “Helping others achieve their vision is the heart of Envisant’s mission, and we’re honored to work with Nickels towards empowering credit unions with a digital service that helps each member achieve their own vision for financial success.”
Through this partnership, Nickels and Envisant seek to create new opportunities for credit unions to support their members and improve financial health.
Envisant is a CUSO that helps credit unions across all 50 states achieve their vision. A subsidiary of the Illinois Credit Union League, Envisant brings experience and expertise to all areas of credit union service. Its forward-thinking product strategy features credit and debit programs, prepaid debit cards, portfolio development consulting, agent credit card programs, ATM services, marketing and more. Learn more at www.envisant.com.