Modern deposit management
for credit unions, by credit unions
Credit unions of all sizes and designations rely on ModernFi CUSO
to provide additional insurance to members, source funding on
demand, manage their balance sheet, and grow revenue.
The ModernFi CUSO Mission
ModernFi CUSO seeks to promote safety, stability, and growth for the credit union ecosystem, enabling our credit union partners to better serve their members, communities, and industries. As a credit union service organization, ModernFi CUSO is proudly owned by its credit unions and partners including MDC, Curql, ABNB, Ascend, Corporate One, Georgia's Own, ICCU, IH Mississippi Valley, Royal, SAFE, Service, and Suncoast.
The first credit union deposit network
Grow relationships with
accounts offering millions
in NCUSIF insurance*
Financial institutions can leverage ModernFi CUSO's deposit network to offer access to millions in additional deposit insurance* to attract large-value members, retain key relationships, and grow new business lines.
Members enjoy the peace of mind of millions of additional
deposit insurance* through a single financial relationship
Insurance is a strong, non-rate value proposition for high-
net-worth members, businesses, public funds, nonprofits, and others
ModernFi's tech-forward approach provide a frictionless
account experience for your ops team and your members
Benefits for your credit union
Grow shares and
member relationships
Attract new members and reduce cost of funds with access to extended deposit insurance*, a powerful non-rate value proposition.
Enhance product value
and retain key members
Provide access to additional insurance* to strengthen relationships, trust, and security with your largest-value members.
Manage your deposit base
and balance sheet
Source overnight funding from other credit unions on demand and sweep excess liquidity to strategically manage your balance sheet.
Benefits for your members
Better protect members
Extended insurance* for
enhanced peace of mind
Access to millions in NCUA share insurance* for members managed through the ModernFi member portal.
Focus on service
The convenience of a single relationship, with millions in insurance*
Members maintain one account and keep one relationship
to access millions in insurance.
Testimonials from our partners
Everybody's running to find a resource to get some level of NCUA coverage on deposits, so finding ModernFi was literally a gift. We were very fortunate to stumble across [ModernFi] and you've been very helpful for us as we look to extend coverage to our depositors here at Royal.
We've never had a tool or technology like ModernFi within the credit union system before. Deposit insurance is now important. [March 2023] was a wakeup call for folks. I look at deposit insurance like oxygen: you don't really realize it's there until it's gone.
Explore case studies
.webp)
Credit Union 1 utilizes ModernFi to pursue public funds following Florida’s new law
Ascend Federal Credit Union partners with ModernFi to enhance deposit security
5Point Credit Union targets member growth and retention with extended deposit insurance
Royal Credit Union leverages ModernFi to support and grow its business member relationships
Proudly backed by
ModernFi CUSO, as a credit union service organization,
is proudly owned by its partner credit unions. We are
strengthened by the experience and expertise of our
leading fund and credit union partners. Together, we
are on a journey to support and strengthen the American
financial sector and the Credit Union Movement.
Our Partners
