EasCorp is dedicated to helping credit unions thrive as America's favorite financial institutions.

EasCorp News

Today is International Credit Union Day!

Thursday, October 17, 2024
Today more than 82,000 credit unions worldwide will celebrate International Credit Union Day. This year's theme, "One World Through Cooperative Finance," honors the history and vibrant future of a cooperative movement dedicated to bringing people together and to a financial model that puts people before profit. Credit unions' promotion of full financial inclusion and empowerment to strengthen communities is a powerful message in a divided world. This October and every day, EasCorp and Vertifi Software honor the demonstrated leadership and the many accomplishments of our member and client credit unions. We are proud to serve you and by extension your communities, now and for years to come.

The FedNow Service Turns One!

Saturday, July 20, 2024
July 20 marks the 1st anniversary of the Federal Reserve's FedNow Service®, the instant payments rail poised to modernize the US payment system and already accelerating the speed and ease of money movement for businesses and consumers. EasCorp and its CUSO, Vertifi Software, have supported the development of the FedNow Service since its inception, knowing that the public rail would level the playing field for credit unions in the faster payments space. We participated in the Fed's Pilot Program, became Early Adopters, and went live on the rail on its first day, offering members and clients access to the rail through EasCorp's settlement service and Vertifi's instant payments gateway. One year from launch, the FedNow Service includes more than 900 participating financial institutions. We congratulate the Federal Reserve on this milestone and encourage you to contact us to discuss your FedNow Service goals.

Connect FSS Selects Vertifi Software's FedNow Service Solution

March 13, 2024
Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly owned CUSO of EasCorp, to implement the systems and technology required for Connect's instant payments solution for the FedNow® Service. Read the full press release on the News and Events page.

Market Commentary
Fed's Bostic Says US Employment and Growth to Stay Robust (Bloomberg)

Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US economy to slow this year but to remain robust, adding that the downward path for inflation could see some bumps.

Inside EasCorp Newsletter
October 2024 Newsletter

Featured this month: International Credit Union Day on Oct. 17, Cybersecurity Awareness Tips, Large Rate Cut Announced by FOMC, and more.