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Sound Credit Union Expands Partnership with Candescent to Accelerate Digital Banking Transformation

Nov 19, 2024•over 1 year ago

Contract Type

partnership

TacomaFinancial ServicesNon Profit

Description

Sound Credit Union has announced an expanded relationship with Candescent, a leading global platform for digital-first banking, to accelerate its digital banking transformation and support ongoing growth. The partnership includes adding digital account opening, onboarding, and self-service features, aimed at delivering more personalized and secure experiences to the credit union's members.

Company Information

Company

Sound Credit Union

Location

Tacoma, Washington, United States

About

Sound Credit Union was founded in 1940 and today is one of Washington State’s largest credit unions. With 26 full-service branch locations throughout the Puget Sound area, Sound provides over 170,000 members with authentic and trusted financial support and services. Sound is driven by the purpose of standing with members, employees and the community through all waves of life.

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Strategic

ML-powered predictions for Sound Credit Union's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months