FinTech & Financial Services

Kinecta Federal Credit Union: Cohesive GRC Strategy Strengthens Risk Assessment & Complaint Management

Kinecta Federal Credit Union needed a cost-effective governance, risk, and compliance (GRC) solution. The credit union wanted a better handle on complaint management and expanded capabilities that its previous solution couldn’t provide. With the Quantivate© GRC Suite, Kinecta streamlined GRC management across the organization, eliminated manual processes, and reduced costs.

Bangor Savings Bank: Stronger Risk Culture, Streamlined GRC Management

Bangor Savings Bank recognized that in order to mature, it needed to integrate its approach to enterprise risk management (ERM). With Quantivate, the company not only connected risk data and processes bank-wide, but it also united executives and staff to work toward the same risk management goals. Through automated workflows and consistent processes, manual management tasks that used to take hours now take a matter of minutes.

WSECU gift cards Facebook post

Holiday tip! Gift cards are popular for a reason. They’re convenient to give and delightful to receive. The good news is that under Washington law, gift cards issued by stores never expire or accrue expensive fees. But the law doesn’t apply to Visa and Mastercard gift cards. So when shopping, consider whether you want the flexibility of a card that can be used virtually anywhere or the reassurance of one that doesn’t expire. Remember to always keep cards in a safe place. Happy gifting!

WSECU GivingTuesday Facebook post

We want everyone to be #warmforwinter. That’s why we’re donating $30,000 for #GivingTuesday to ensure more families in need are able to keep the heat on this winter. Supporting Puget Sound Energy’s Warm Home Fund and Project Share, administered by SNAP for Avista Utilities customers, is just one way we’re helping individuals achieve financial stability. You can help too by adding a little extra to your utility bill payment. Warming homes warms our hearts!

Should you co-sign a credit card for your student?

As a teen, my mom instructed me in how to apply for my first credit card. We went to The Bon Marché, which at that time offered a “student” card with a low limit. Mom told me to buy a pair of socks with my new card. And then we right back to the register and made a payment on my account. One pair of socks. Charged and paid for that day. And then the card was tucked away in a safe place. Years later, that first credit card (now Macy’s) remains my oldest account – and factors into my credit history.