SESLOC Federal Credit Union, a California-based not-for-profit, depositor-owned financial services company, has chosen Lumin Digital, a fintech company specializing in cloud-native digital banking solutions, to improve its digital banking services. SESLOC Federal Credit Union has agreed to a multi-year contract with Lumin Digital for its cloud-based online and mobile digital banking technology. From February 2023 on, Lumin will provide support for the credit union’s more than 57,000 members and offer more than $1.2 billion in assets.
“SESLOC is committed to giving its members the financial tools to find success, and Lumin Digital is committed to that same mission. SESLOC members expect superior-quality products and offerings when it comes to their finances, and our platform will deliver on their expectations”, said Lisa Daniels, Chief Delivery Officer, Lumin Digital.
Based in San Luis Obispo, SESLOC is a not-for-profit financial institution servicing members since 1942. Membership is open to anyone living, working, or attending school in San Luis Obispo or Northern Santa Barbara County. Lumin Digital will offer SESLOC credit union members an integrated, personalized experience comparable to that of larger financial institutions. Through sophisticated automation, the company will help credit unions and other financial institutions improve user engagement by focusing on service, user experience, safety, and security. These cover a wide range of topics, from financial guidance and expenditure insights to fraud warnings and assistance with savings targets. Additionally, Lumin will enable credit unions to provide users with fresh services that will enhance and streamline regular banking in real-time. “In an age where technology both connects and separates us, we continue to offer digital services with a human touch. Our approach with our service offerings is to build them with the unique needs of the Central Coast. Whether fully remote, in branch, or a mix of both, member preferences are always top of mind. We chose Lumin Digital for their robust platform that will provide our members with exceptional personalized products, technology and service”, said Geri LaChance, president, and CEO of SESLOC Federal Credit Union
