Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking
NCR Corporation (NYSE: NCR) announced a partnership with Redstone Federal Credit Union, a $6.2 billion-asset institution, to enhance its business banking services. Redstone FCU aims to provide a seamless digital experience for its business members, leveraging NCR's established platform that has been successful in consumer banking. This collaboration includes the integration of over 130 Interactive Teller Machines (ITMs), facilitating access to traditional banking services via advanced technology. The move comes as online transactions among business members have surged since the pandemic.
- Partnership with Redstone FCU enhances business banking offerings.
- NCR's platform has a proven track record in consumer banking.
- Integration of over 130 ITMs improves access to banking services.
- None.
NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that
Redstone FCU successfully leveraged the NCR DI platform for consumers for years, delivering a digital banking experience that has consistently yielded strong adoption rates and top App Store ratings. The credit union sought to provide an equally robust and intuitive experience to businesses, and ultimately selected NCR for business banking because of its modern look and feel and efficiencies of operating a single platform.
“We have seen an uptick in online transactions and activity from business members since the pandemic’s onset, and we only expect this trend to accelerate,” said Terri Bentley, senior vice president and chief information officer, Redstone FCU. “With NCR, we are gaining a business banking platform that is simple, convenient and secure. We have enjoyed a strong, longstanding partnership with NCR, and we expect their business banking platform to help us deliver the tools and services that business members need to better and more easily manage their finances.”
Redstone FCU also partnered with NCR for Interactive Teller Machines (ITMs) for several years and recently increased the number in their network. The credit union will have more than 130 ITMs running by the end of the year, enabling members to access traditional branch-based services via self-service, video banking technology.
“Leveraging business and consumer banking on a single platform creates efficiencies for the institution as well as consistency and convenience for members,” said Douglas Brown, senior vice president and general manager, Digital Banking, NCR Corporation. “We look forward to transforming Redstone FCU’s business banking experience, an area that will become increasingly critical for their members in 2021 and beyond.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.
Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation
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