Filene and Simplicity CU: Partners In Innovation


We (and a lot of our friends) love to throw that word around, but what does it really mean?

For the Simplicity CU Team it means we sometimes have to take what we know about how we’ve done things forever, fold it neatly, and tuck it away so we can start with a fresh perspective and solve things in a brand-new way.

One of the ways we’ve been doing that lately is to work with our friends at Filene to help test new and innovative services that could make life better not just for our members, but for credit union folks across the country. Last year, Filene launched their FinTech Catalyst Incubator in partnership with CMFG Ventures, the venture capital arm of CUNA Mutual Goup, to explore how credit unions can provide the most innovative and market-ready fintech solutions to credit unions. We’ve been lucky enough to be one small part in making that happen.

In fact, you may have been invited to a survey for Align’s Income Share Agreement test and wondered about the results.  Great news! You can see what Filene learned from that unique product test right here and dig as deep as your data-driven heart desires into their outcomes.

If you want to keep it light, check out this article from Filene, featuring our own VP of Awesomeness, Ben Bauer. It’ll help you understand why we think innovation is a big deal and some of the opportunities Simplicity CU has to make you a part of the conversation around the future of financial services.

BONUS: You can also get a sneak peek at two new projects Filene is working on right now! Finhabits, a tool to help consumers of all incomes succeed with a smaller starting investment, and Steady, an app to help people make smart money moves in a gig-economy.