Case Study: Four Points Credit Union achieves deposit growth and stronger member relationships with ModernFi CUSO

How Four Points Credit Union Deepened Member Relationships through Extended Insurance Accounts with ModernFi CUSO

Four Points Credit Union, a community-focused institution, faced the challenge of members moving large deposits to other banks to stay within NCUA insurance limits. This prevented the credit union from securing deeper relationships with loyal business members. Business Development Officer Amanda Cornett identified this gap after a member, Sam, expressed his concerns about insurance coverage.

The credit union partnered with ModernFi to implement its Extended Insurance Account service. Empowered with this new tool and supported by ModernFi's team, Amanda was able to approach Sam and offer a solution. This resulted in Four Points securing his multi-million dollar deposit relationship within two months, deepening member trust and establishing the credit union as his primary financial institution.

Four Points Credit Union

Amanda Cornett

Expert Business Development Officer