Education Credit Union Teams Up with Rate Reset
Innovative credit union excited to offer The Button™
June 17, 2021, McLean, VA—Rate Reset, the CUSO which provides KNOCK KNOCK, an award-winning platform that offers seamless digital solutions for banks and credit unions, today announced that Education Credit Union will license Rate Reset’s digital solutions. Education Credit Union, headquartered in Amarillo, Texas, manages over $350 million in assets.
The KNOCK KNOCK platform assists credit unions with loan retention, loan generation, loan recapture, and digital pre-approvals. Each Rate Reset product through KNOCK KNOCK is designed to help credit unions achieve a seamless digital transformation, by providing members and nonmembers alike an enhanced and intuitive digital experience.
"We are excited to team up with Rate Reset to provide our members digital services through KNOCK KNOCK," said Eric Jenkins, CEO, Education Credit Union. "Removing friction from the loan application, modification, and funding process is one of our most important strategic priorities. With Rate Reset, we are able to make these processes as simple as clicking a button.”
“Rate Reset’s innovative digital lending products bring frictionless technology to credit unions working to enhance the member experience,” said Keith Kelly, CEO of Rate Reset. “We are thrilled to partner with Education Credit Union.”
About Education Credit Union:
Education Credit Union has been serving the Texas Panhandle for the last 86 years and is dedicated to being the preferred financial provider through all stages of life. ECU is open to anyone living, working, worshiping, or going to school in Potter, Randall, Armstrong, Carson, Dallam, Sherman, Hansford, Ochiltree, Lipscomb, Hartley, Moore, Hutchison, Roberts, Hemphill, Gray, Deaf Smith, Donley and Oldham counties or anyone living within a 10-mile radius of any of its six branch locations. Education Credit Union has a variety of services including checking accounts, savings accounts, loans, free financial education to the people of the panhandle, and the most advanced mobile products. Additional information may be located at educationcu.com.
About Rate Reset:
Rate Reset is a CUSO that offers award-winning digital products that allow the member to easily take control of the lending process, simplifying historically time-consuming administrative tasks for both front-line and support staff. Rate Reset’s KNOCK KNOCK platform provides a means for consumers to Reset existing loans and initiate new loans at the click of a button. For more information on Rate Reset, visit www.RateReset.com
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