April 16, 2019
Constellation Selected as Winner of the New Credit Union Service Organization of the Year Award
RALEIGH, N.C. – April 16, 2019 –– Constellation Digital Partners, LLC is thrilled to announce it has been chosen as the National Association of Credit Union Service Organizations’ 2019 winner of the New CUSO of the Year Award. The award recognizes a CUSO established within the past five years, and celebrates the depth and breadth of how CUSOs uniquely meet the needs of owners, the credit union industry and credit union members. Constellation is being presented with this prestigious award today at the 2019 NACUSO Network Conference.
Constellation was nominated and selected for this award based on its display of excellence and innovation in utilizing the collaborative CUSO model to bring new solutions to the industry. The award was also given to Constellation based on how the CUSO exemplifies thought leadership and critical thinking, as well as how it has shown innovation in the design, implementation and execution of its processes.
“We are honored to be chosen as this year’s winner of the New CUSO of the Year Award,” said Constellation Founder and CEO Kris Kovacs. “It’s very rewarding for us to have NACUSO recognize all of our accomplishments so far. Constellation went from a big idea to a real solution for credit unions thanks to the support we felt from the entire industry. There’s still more to come and we can’t wait to share what’s next.”
In 2017, Constellation launched and NACUSO named it the winner of the Next Big Idea Competition. The Next Big Idea Competition is an industry challenge that showcases the top five best ideas currently in the marketplace for credit unions and/or CUSOs during the Annual NACUSO Network Conference.
Over the past two years, Kovacs and his team successfully led the largest single round capital raise in credit union history. With 11 credit union investors and more than 70 fintech partners, Constellation has delivered a revolutionary open development platform that it is rolling out to its partner credit unions. The patented platform represents a disruptive business model that challenges decades of legacy business practices and will provide industry changing advancements in online and mobile banking.
About Constellation Digital Partners, LLC:
Constellation provides a patented, secure and flexible cloud-based marketplace that enables upper to mid-tier credit unions and innovative app developers to provide safe, reliable, and next-generation digital financial service experiences while giving the freedom to compete, innovate, and thrive in the financial services industry. Constellation redefines what credit unions offer, delivering digital financial services in a way that enables them to place members at the center of their business strategy. Visit www.constellation.coop to learn more.
Constellation media contact:
The Stone Agency