First Trade Union Bank implements Q2 core platform

Source: Q2

Q2 Holdings, Inc. (QTWO), a leading provider of secure virtual banking solutions for regional and community financial institutions, today announced the successful implementation of its industry-leading digital banking platform with First Trade Union Bank (FTUB).

The new platform provides expanded functionality, improved navigation and delivers FTUB clients a unified user experience anytime, anywhere and on any device.

"It has been a pleasure to partner with the First Trade team as we roll out the latest version of our software," said Matt Flake, Q2 president and CEO. "At Q2, our goal is to strengthen communities by strengthening their financial institutions, so we are happy to have teamed up with First Trade to provide them with the leading-edge technology solutions and virtual banking experience that their clients have come to expect. First Trade is committed to being innovative and ahead of the curve and today, thanks to our partnership, they are continuing to deliver on that promise to their account holders."

Along with enhancements to personal Online and Mobile Banking, the Q2platform provides First Trade's commercial clients with full-featured mobile banking as well. The Bank's corporate clients now have all the sophisticated treasury management features of Business Online Banking accessible from their mobile device with the FT Mobile app. This includes functionality such as wire transfers, check deposit and remittance processing, ACH services, positive pay, account reconciliation, and access to third party First Trade accounts like business credit cards and merchant services.

"When it comes to empowering our clients with the ability to bank anywhere, anytime and on any device, we confidently turned to Q2," said Michael A. Butler, First Trade's President and CEO. "Today we celebrate that decision as our personal and business clients alike are enjoying the expanded banking features that these upgrades provided. Q2 offers the most advanced, innovative technology that aligns with our clients' preference for virtual banking, and it was important for us to partner with a like-minded company that would continue to innovate with us, both in the short-term and in the future."

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