LAKE
MARY, Fla., July 30,
2024 /PRNewswire/ -- Addition Financial Credit
Union is excited to announce the launch of their new
innovative, state-of-the-art digital banking platform in
partnership with Lumin Digital, a leading provider in
cloud-based digital banking.
With the new digital banking experience, Addition Financial will
provide members with powerful financial tools, a more user-friendly
website and mobile app, and enhanced cutting-edge security
features. The versatile digital solution also delivers personalized
recommendations regarding spending insights and savings goals, as
well as a dedicated experience for business members.
"Addition Financial is thrilled to bring this new digital
banking experience online that is designed with member experience
at its core," said Kevin Miller,
President and CEO of Addition Financial Credit Union. "It is by
listening to our members, and understanding their financial
needs, that we can provide this tailored platform with the
most innovative, intuitive, and secure banking services
available."
Lumin's cloud-native infrastructure will also enable Addition
Financial to deliver real-time updates and new features to their
members to make their everyday banking lives easier, including new
financial health checkups and spending forecasts as well as
enhanced security features and alerts.
"Technology evolves so fast in today's world that we knew our
new digital platform would need to also be a solution that can
evolve along with the ever-changing needs of our members," said
Kevin Wright, Chief Information
Officer at Addition Financial Credit Union. "The ability to
seamlessly integrate additional financial tools and security
features with this Lumin Digital Platform ensures our members
always have the latest and greatest banking technology at their
fingertips."
Addition Financial's announcement comes as digital banking is
more popular than ever in the U.S. According to the American
Bankers Association, 71% of consumers prefer to manage their
bank accounts through a mobile app or a computer.
"As consumer demand for digital banking solutions continues to
rise, we're dedicated to ensuring our customers are equipped with
the most efficient, innovative technology to meet those needs,"
said Lisa Daniels, Chief Delivery
Officer, Lumin Digital. "We're
honored to support Addition Financial Credit Union in their digital
banking journey and look forward to providing the tools they need
to elevate their customers' banking experience."
About Addition Financial Credit Union
Addition
Financial Credit Union is a trusted banking and financial education
partner that members of the Central Florida
community rely on to help them along their financial
journey. Founded in 1937, Addition Financial is a not-for-profit
financial cooperative headquartered in Lake Mary, Florida with more than $2.9 billion in total assets. As a member-owned
credit union, Addition Financial puts the financial well-being of
its more than 182,000 members at the heart of everything it does.
With 26 full-service branches, 10 student-run high school branches,
and financial products designed to provide better saving and loan
rates and lower fees, Addition Financial is constantly growing and
evolving to meet the needs of its members. Addition Financial is
the Official Financial Institution of the UCF Knights and owns the
naming rights of the Addition Financial Arena on the University of Central Florida campus. Newsweek
named Addition Financial as one of the "Best Credit Unions for
2024." For more information, visit AdditionFi.com.
About Lumin Digital
Lumin Digital is the leading,
future-ready digital banking solution powering remarkable growth
for financial institutions across the
United States. Combining innovation, data, and speed,
Lumin's disruption-proof platform was born in the cloud to stay
ahead of the evolving expectations of retail and business banking
users. With Lumin Digital's unique approach, our clients innovate
and scale at their own pace, optimize digital banking ROI, and
create a strong digital relationship with their customers. For more
information, visit lumindigital.com.
Contact:
Aaron Sanders
Public Relations Specialist
asanders@additionfi.com
Olivia Knecht
Clarity for Lumin Digital
lumin@clarity.global
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SOURCE Addition Financial