San Ramon, Calif. — October 6, 2022 — Lumin Digital announced today that Tennessee-based UT Federal Credit Union (UTFCU) has signed a multi-year agreement for Lumin Digital’s cloud-based online and mobile digital banking platform. Lumin will support UTFCU’s more than $460 million in assets and 26,000 plus members when the platform is launched in May 2023.
A cloud-native digital banking platform, Lumin Digital will provide UTFCU members with an integrated, customized experience that matches larger financial institutions’ offerings. Focusing on service, user experience, safety, and security through sophisticated automation, Lumin Digital helps credit unions and financial institutions drive better engagement with their users through personalized recommendations. These include everything from spending insights and financial advice to fraud alerts and help with savings goals. Lumin also enables credit unions to provide users with real-time updates and new features that add value and simplify everyday banking.
Chartered in 1969, UTFCU is a member-owned financial cooperative based out of Knoxville, Tennessee.
“Our operating principles are to provide the highest quality service to our members, and we can now provide the highest quality digital banking tools through Lumin Digital’s platform,” said Debbie H. Jones, CPA, President and CEO of UT Federal Credit Union. “We aim to ensure a lifelong financial relationship with each member, and the experience Lumin will provide will only fortify those relationships.”
“UTFCU has a strong history of providing their members with exceptional financial services, and Lumin Digital’s platform will help take those experiences to new heights,” said Jeff Chambers, founder and CEO of Lumin Digital. “We’re excited to partner with UTFCU and provide their members with a modern and engaging digital banking experience.”
About Lumin Digital
Lumin Digital is the leading, future-ready digital banking solution powering remarkable growth for financial institutions across the United States. Combining innovation, data, and speed, Lumin’s disruption-proof platform was born in the cloud to stay ahead of the evolving expectations of retail and business banking users. With Lumin Digital’s unique approach, our clients innovate and scale at their own pace, optimize digital banking ROI, and create a strong digital relationship with their customers. Lumin has received top marks from clients on the G2 Marketplace for digital banking software. For more information, visit lumindigital.com.
About UT Federal Credit Union
Chartered in 1969, UT Federal Credit Union is a member-owned financial cooperative based out of Knoxville, Tennessee. UTFCU has more than 25,000 member-owners and is nearing half a billion in assets. While products, services, locations, and technology continue to expand, the credit union has strived to stay true to its roots: a cooperative of people helping people. For more information, visit utfcu.org or call toll-free (800) 264-1971 or (865) 971-1971.
