Case Study: Magnifi Financial creates a unified digital banking experience with Q2 Software

Magnifi Financial adds 200 new digital banking enrollments each month with Q2 Software

Magnifi Financial, a credit union with $2 billion in assets, needed to give its members a unified digital experience for both personal and commercial accounts. They were using two separate digital banking providers, which prevented a consistent interface and slowed innovation, particularly for business owners needing to manage all their finances in one place. They turned to the Q2 Digital Banking Platform from vendor Q2 Software.

By consolidating onto the Q2 platform, Magnifi provided a single, simplified interface for members. This solution allowed business owners to instantly see their complete financial picture. The results were significant: Magnifi now attracts over 200 new digital banking enrollments monthly, offers more digital features than the average of the top 24 U.S. banks, and achieves a world-class digital Net Promoter Score. Q2 Software helped them compete directly with large national competitors.

Magnifi Financial