May 10, 2017
Northern Credit Union wins CCUA Innovation Award
HALIFAX, NS -- Northern Credit Union (Northern) took home the Canadian Credit Union Association’s (CCUA) prestigious Innovation Award for its online small business account opening software and unique Small Business Rocks program. The software, which comes courtesy of ASAPP Online Solutions (ASAPP), Northern’s FinTech partner, allows members to acquire Northern business products, including the Small Business Rocks Line of Credit from their office, handheld device or virtually anywhere. The Small Business Rocks program, meanwhile, celebrated Northern Ontario small businesses with three live networking events featuring live music, food, drink and business savvy presenters and was the launching platform for the ASAPP-engineered online account and loan origination software.
“The account and loan origination software is a great solution for our business members, allowing them to quickly and securely open business products from anywhere they want,” says Tony Dunham, senior vice president, innovation and operations. “And even more innovative was the way we introduced this advanced online solution to our business members with our Small Business Rocks events.”
“I think ASAPP represents a huge leap forward for Northern,” says Ryan Yates, VP strategy for ASAPP. “Just think of it; a financial institution that’s able to offer its members the very best in member service while using leading-edge technology to simplify business processes. That’s a combination that’s going to be very hard to beat. Winning the Innovation Award recognizes this fact, and I’d like to congratulate Northern and everyone who helped make this possible.”
CCUA’s National Innovation Award recognizes credit unions for new and improved breakthrough products, services, and processes, which serve as a model for other financial institutions.
It’s been a busy week for Northern. Earlier in the week, Northern and ASAPP announced that they had completed the integration of ASAPP with Northern’s DNA core banking system (a Fiserv product). This integration was another first in Canada with ASAPP being the only hosted online account origination solution connecting directly with Fiserv’s Canadian data centres.
Also, on Monday night, Northern was awarded with two Achievement in Marketing awards at the 2017 National Conference for Canada’s Credit Unions, also being held in Halifax. One for business building and acquisition for the Small Business Rocks program and one for Northern’s new responsive website – launched in 2016 and designed and developed by Lucidia, Northern’s agency of record and solutions partner.