Together We Can – Eltropy is Committed to Helping Credit Unions Best Serve Members During Covid-19

Eltropy ‘Springs Forward’ with 15 More Credit Unions

Emerges as a Top Text Messaging Solution for CUs During Covid-19 Pandemic & Beyond

MILPITAS, CALIFORNIA (April 20, 2020)
Text Messaging for Credit Unions
Never before has there been such a compelling event to deploy Eltropy’s world class Text Messaging solution to engage with members in a secure, compliant way while delivering exceptional service when members need it most.
Ashish Garg
CEO and co-founder of Eltropy

Eltropy, a text messaging-based platform that enables credit unions to communicate with members via text, announced it has signed 12 credit unions since the beginning of March. The strong sales momentum has coincided with social distancing measures being put into place nationwide in response to the Covid-19 pandemic. 

Ashish Garg, CEO and co-founder of Eltropy, said, “During this unprecedented moment in history, Text Messaging is the best way to remotely stay connected with members and keep business operations running smoothly. Never before has there been such a compelling event to deploy Eltropy’s world class Text Messaging solution to engage with members in a secure, compliant way while delivering exceptional service when members need it most.”

New contracts included credit unions spanning across a variety sizes:

BCU$3.92B AUM
BRECO Federal Credit Union$46.4M AUM
Central Willamette Credit Union$338.3M AUM
Credit Union of America$985.5M AUM
Fibre Federal Credit Union$1.15B AUM
First Lincoln Federal Credit Union$24.3M AUM
Grasslands Federal Credit Union$81.4M AUM
Greenwood Municipal Federal Credit Union$42.3M AUM
Heritage Grove Federal Credit Union$115.8M AUM
INOVA Federal Credit Union$458.3M AUM
Michigan Schools & Government Credit Union$2.37B AUM
Paducah Teachers Federal Credit Union$11M AUM
Post Office Employees Federal Credit Union$33.1M AUM
Spokane Media Federal Credit Union$11.4M AUM
White River Credit Union$37.9M AUM

“Eltropy has consistently proven its commitment to the Credit Union Movement,” said Jenny Jackson, alliance manager at CUNA. “During this uncertain time surrounding the pandemic, Eltropy’s reduced pricing and other special offers have provided credit unions the ability to immediately adopt Text Messaging in response to coronavirus.”

“We have been signing an average of two credit unions a week for the last seven weeks,” said Garg. “Team Eltropy is thankful for its partnership with CUNA and state leagues across the country who have helped accelerate our business by spreading awareness of our product throughout the industry. We look forward to continuing to grow Eltropy’s footprint.”

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About Eltropy

Eltropy enables Credit Unions to communicate with members over Text Messaging in a secure and TCPA-compliant way. Using Eltropy’s platform, Lending, Collections, Sales, Marketing, Service, Risk Management, Internal Communications and other teams at Credit Unions leverage Text Messaging to boost member engagement and enhance the member experience. Eltropy also integrates with IT systems, such as Symitar and Corelation, and uses Analytics to provide member engagement insights. For more information about Eltropy, please visit eltropy.com.

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