FinTech Magazine - May 2021 | Page 107

BCU
BCU was named to the annual Forbes list of Best-In-State Banks & Credit Unions for the second consecutive year , ranking # 1 in Illinois and # 5 in Minnesota to eight questions using the mobile app and instantaneously receive funding . Features like auto-populated loan applications and single sign-on make the process even more streamlined and have proven essential to increasing adoption , especially during the pandemic as people have less access to physical locations .
BCU also provides a holistic financial well-being program that they ’ ve branded , Life . Money . You .®. Available to members and non-members alike , Life . Money . You . empowers people to make decisions today that will positively impact their financial future , like buying a home , repaying student debt , starting a family , or planning for retirement . The program is complimentary and includes one-on-one coaching with BCU-staff certified financial counselors , live ( or virtual ) events that cover a myriad of trending financial topics , and digital tools placed right in the palm of members ’ hands using the BCU mobile app .
Partnering with companies like SavvyMoney ® and using APIs and other transformative technologies , BCU members have free access to review credit scores at any time , so they can monitor their progress and achieve their financial health targets using mobile or online banking . SavvyMoney is one of BCU ’ s strongest fintech relationships . Working together since 2013 , more than half of the credit union ’ s digital banking users are enrolled with SavvyMoney and receive daily access

EXECUTIVE BIO

MIKE VALENTINE
TITLE : PRESIDENT AND CEO LOCATION : USA
With over 41 years of sales and service experience , Mike brings unique insight and magnetic energy to the credit union industry . He joined BCU in 1984 as manager of lending and collections . After a decade of cultivating a strong sales and service culture , Mike was appointed president / CEO in 1994 . With a humble and approachable style , Mike sees himself as a coach and encourages his leadership team to treat BCU as a learning organization . This team-based management style has led BCU to unparalleled success . Mike received his bachelor ’ s degree from Western Illinois University and MBA from Lake Forest Graduate School of Management .