The Nation’s First Credit Union - St. Mary’s Bank - Adds AKUVO Aperture

MALVERN, Penn.- AKUVO, a technology organization specializing in collections and credit risk, is pleased to announce that St. Mary’s Bank, the nation’s first credit union, has signed on to its Aperture platform.

 The $1.5 billion institution, headquartered in Manchester, N.H., provides progressive products and services to consumers and businesses. The credit union’s loan portfolio includes a complete suite of consumer, real estate and commercial lending products. Aperture’s cloud-based, API-enabled structure will allow St. Mary’s Bank to streamline its dayto-day collection activities and specialty processes like bankruptcy, repossession and foreclosure.

 “We are committed to providing state-of-the-art banking services,” said Jan Raymond, executive vice president and chief lending officer at Mary’s Bank. “With the amount of automation and integration we plan to leverage in Aperture, our team will have more time and the right tools to offer a first-class member experience while also managing risk and lowering delinquency.”

 “I think all service providers feel a tremendous sense of pride when they are chosen by the nation’s first credit union, and that is certainly the case at AKUVO” commented Steve Castagna, AKUVO’s Chief Revenue and Operating Officer. “We look forward to assisting St. Mary’s in leading the credit union movement with its superior service and commitment to innovation.” 

 About AKUVO 

AKUVO is the creator of Aperture, a modern, cloud-based collection platform powered by data and analytics. Built by a team of individuals, each with more than 20 years’ experience, the company takes a visionary, behavior-based approach to credit risk and delinquency management through its products and consulting services. To learn more, visit www.akuvo.com.

About St. Mary’s Bank

Founded in Manchester, New Hampshire, in 1908, St. Mary’s B ank is the first credit union in the nation. It makes progressive financial products and services available and affordable to consumers and businesses. Members enjoy excellent service, competitive rates, low fees, and state-of-the-art banking services. Headquartered in Manchester, New Hampshire, St. Mary’s Bank has eleven branch locations in Manchester, Hudson, Londonderry, Milford, Nashua and Portsmouth, and a mortgage center in Concord. For more information, call 1-888-786-2791 or visit www.stmarysbank.com.