September 7, 2022 – Curql Collective today announced a new ecosystem partnership with Tru Treasury to provide credit unions a better option to deliver business services to their members and communities. Through the partnership Curql and Tru Treasury will bring their collective resources, expertise, and credit union network to offer the industry’s first full-service treasury management Credit Union Service Organization (CUSO) to Curql investors and subscribers.
The Tru Treasury, Curql partnership will address an industry-wide credit union gap of business service, driven by limited treasury institutional knowledge, support structures, and solutions. Tru Treasury provides leading treasury technology with a full-service advisory, sales and support infrastructure. Curql supports the growth of its network of credit unions by providing access to Tru Treasury’s technology, resources, and solutions to expand treasury services to a broader business membership.
“This partnership is about doing what we can right now to set credit unions up to succeed at winning and servicing valuable business members” commented John Ballantyne, Chief Executive Officer at Tru Treasury. “When credit unions have the solutions, support, and infrastructure built to help their business members thrive, their communities thrive. Partners like Curql will allow us to continue to scale and expand access to services traditionally underrepresented in the credit union industry”.
“We are thrilled to add Tru Treasury to our fintech ecosystem,” said Nick Evens, CEO & President of Curql Collective. “Tru Treasury provides propriety fintech platforms and the full scope of payable, receivable, fraud prevention and cash management products that credit unions need to service an increasingly complex commercial segment. A partnership with Tru Treasury provides a strong business case for our credit unions to provide a full-range of treasury management services including lockbox and positive pay for their members.”
About Curql Collective
Curql Collective is a collaborative approach that brings investment capital, credit unions, and fintech together. Launched in 2020, Curql is steered by a collective of forward-thinking credit unions, including former founders, operators, and leaders in the fintech and investment spaces. The group’s flagship – Curql Fund I – invests in the visions of entrepreneurs who thoughtfully and purposefully develop financial services technology that revolutionizes and innovates how people engage with their money. For more information, please visit www.curql.com.
About Tru Treasury
Established in 2020 by Credit Unions for Credit Unions, Tru Treasury is the industry’s first full-service treasury management credit union service organization. Tru Treasury’s sole focus is equipping community financial providers with the tools, expertise, and products to deliver leading treasury solutions to the businesses they serve. For more information about Tru Treasury, visit www.trutreasury.com.