Collabria enters market to offer unique payment solutions for Canadian credit unions, partners with DUCA Credit Union as first client
(Calgary, AB - April 27, 2015) – Collabria Financial Services Inc. (Collabria), a provider dedicated to offering unique payment services programs to Canadian credit unions, announced today that their new company is open for business. DUCA Financial Services Credit Union (DUCA), based in Ontario, has worked in close collaboration with Collabria and has signed on as the first partner to use the services of the new provider.
Headquartered in Calgary, AB, Collabria is dedicated to providing Canadian credit unions customized payment solutions built on the spirit of partnership, collaboration and responsiveness. Collabria professionals work together to design solutions built around the exact needs of a credit union and their members. Collabria also provides a wide range of services and benefits including innovative and integrated technologies for both members and credit unions. Some of these services and benefits include:
- Four credit card program models that put control of the member experience back into the hands of the credit union
- Competitive products and services including a rewards program and complete marketing programs
- Fully integrated technology providing access to real time data and account information accessible by tablet and mobile device
- A web-based system that automates many of the services that credit union staff members perform every day
- State of the art fraud solutions
Collabria CEO John Dundas, with 30 years of experience working in the financial sector, said “I’m excited to lead a team as passionate about collaborating and creating unique solutions as I am. Simplifying payment solutions while finding fresh, new ways to support credit unions and engage their members is what Collabria is all about. DUCA Credit Union was Collabria’s fearless pioneer. Our partnership has been outstanding and we are thrilled to have implemented a flexible payment solution.”
DUCA CEO, Richard Senechal, said “Increasingly people want integrated lives that simplify life’s daily transactions, provide dependable value, and yet leverages the values they own. We don’t want financial products that charge really high rates and produce excessive profits for absentee shareholders. As a member-owned banking institution, our new VISA card program offered through our partnership with Collabria gives both very competitive rates and rewards. It meets individual cardholder needs combined with our Value Guarantee that 100% of Co-operative Banking profits are reinvested in our local communities to do good; to make a difference. We call that “Fair-Trade Banking™.”
Collabria Financial Services Inc. (Collabria) is dedicated to providing Canadian credit unions customized payment solutions built on the spirit of partnership, collaboration and responsiveness. Collabria professionals work together to design solutions built around the exact needs of a credit union and their members. By leveraging Collabria’s strong network, they are able to offer credit unions a strategic advantage and their membership an outstanding consumer experience. For more information, please visit collabriafinancial.ca.
DUCA Financial Services Credit Union Ltd. (DUCA) provides innovative Co-Operative Banking as an attractive alternative to traditional bank institutions. Designed for Canadians who want Fair Trade banking™ - simple, low-cost community banking for people who care about their world, their community, and making a difference. With high interest savings and low-cost loans, DUCA exists to help people do more, be more, and achieve more with their money and their lives. To find out how, please visit duca.com.