‘Chimney’s Client Base Grows, Surpassing 65 Credit Unions’

Award Winning Fintech Company, Chimney, has recently added 14 new credit unions to its platform in the last year. These credit unions can now utilize Chimney’s interactive financial tools to create personalized digital experiences that drive deposits, loans, and new member acquisitions.

The addition of these new credit unions to Chimney’s client roster allows them to engage more members digitally, generate low-cost deposits, and fund more loans by offering intelligent recommendations tailored to each member’s financial needs. Chimney’s solutions, including their award-winning financial calculators, help credit unions strengthen member relationships, gather data, and drive conversions effectively. Additionally, Chimney’s new clients have early access to their latest product, Chimney Home, designed to enhance the online banking experience for homeowners by providing them with tools, data, and insights to manage their investments.

According to Chimney’s co-founder and CEO, Matthew Covi, the Federal Reserve’s multiple interest rate hikes have led more consumers to seek out products with higher returns, as evidenced by increased searches for ‘savings accounts’ and ‘CD rates’ on Google Trends. Chimney’s digital tools have successfully guided over 75,000 consumers to apply for loan and deposit accounts this year, offering them a personalized digital experience while facilitating steady deposit growth for credit unions during this critical time.

Chimney, based in New York, offers modern, interactive tools that help banks and credit unions compete in today’s digital landscape. Recognized with awards such as FinovateSpring 2021 Best of Show and FinovateFall 2023 Best of Show, Chimney’s solutions are designed to engage customers, gather data, and accelerate lead generation. Their latest product, Chimney Home, provides homeowners with actionable insights on home values, equity, borrowing power, and pre-qualified offers seamlessly integrated into digital banking channels. Trusted by over 90 financial institutions nationwide, including top banks and credit unions by asset size, Chimney aims to empower financial institutions to better serve their communities. For more information, visit www.chimney.io.