Members Mobile CUSO Secures Strategic Investment from Four Credit Union Investors
Investors include The Reseda Group, the wholly owned CUSO of MSU Federal Credit Union, supporting Members Mobile’s mission to help credit unions save money for members and deepen engagement
Members Mobile Inc. (“Members Mobile,” the “Company”), the credit union-focused mobile service provider integrating mobile phone plans with financial technology solutions, today announced that Members Mobile CUSO has secured investment from four credit union investors, including The Reseda Group, the wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU). The investment supports Members Mobile’s launch of a nationwide 4G/5G mobile service custom-built specifically for credit unions to expand membership and deliver unique value to existing members.
Members Mobile CUSO was created to help credit unions use the omnipresence of the smartphone to extend their financial relationship with existing members while also attracting new ones. Through Members Mobile CUSO, credit unions can bundle credit union financial products and services, including deposit checking accounts, with Members Mobile’s simple mobile plans, reliable nationwide 4G/5G service, premium VIM Support, Cash ShareBacks™, Data SafetyNet™, and digital financial onboarding through the Company’s proprietary VIMplicity™ platform.
