Intuit Financial Services announced today that it is working with Fairwinds Credit Union to offer digital banking to the credit union's more than 158,000 members.
FAIRWINDS, with more than $1.6 billion in assets, will leverage the flexibility of Intuit Financial Services' digital banking solutions to serve its Central Florida members.
"We are dedicated to helping educate our members and providing them with the best tools to serve their needs. Partnering with Intuit allows us to deliver convenience to our members to bank how and when they want," explains Charles Lai, executive vice president & chief information officer, FAIRWINDS Credit Union. "Intuit's suite of mobile banking solutions and flexible platform adds seamless integration with new technology to provide members with personalized solutions to support their goals."
Intuit Inc. (Nasdaq: INTU) data shows that customers now interact with their financial institution via the digital branch more than any other way. A recent study revealed online customers interact with their financial institution's website approximately 10 times per month and 19 times per month when mobile is added.
FAIRWINDS Credit Union members can now manage their finances easily with a suite of digital banking offerings including:
• Personal Financial Management capabilities, helping members manage their information and accounts, ensure bills are paid on time, allows members to see where their money is going, and receive a variety of alerts about their financial status via e-mail.
• Consumer Mobile and Tablet Apps for iOS and Android with Mobile Remote Deposit.
• Purchase Rewards, enabling customers to receive and activate customized merchant-funded discounts or rewards that are based on their personal buying habits.
• TurboTax® for Online Banking, to quickly and easily prepare, plan and file tax returns within one online banking session.
"By adding these critical digital banking solutions, we can help FAIRWINDS Credit Union create deeper relationships with members by providing members money-saving insights anytime, anywhwhere and on any device," stated Paul Johnson, vice president of sales and relationship management for Intuit Financial Services. "By selecting Intuit, FAIRWINDS gains a partner who can help them use technology to create deeper customer engagement which leads to better financial outcomes for their members and for the financial institution."
Offering new mobile and digital banking technologies is part of FAIRWINDS' mission to promote financial literacy. FAIRWINDS currently offers financial education to its membership and the community through the FAIRWINDS University program providing financial seminars, educational videos and tools.