Eko

Eko enables credit unions to offer digital investing to all their members, and not just the wealthiest 1%. Eko’s white-label platform natively integrates into your existing online and mobile banking, allowing your members to access investments without ever leaving their trusted online banking platform. Eko offers four distinct investment options where members can start investing with as little as $10:

• Guided Investing: Where portfolios are professionally created and managed for members
• Self-Directed Investing: Allows members to trade over 5,500 commission-free, fractionable stocks
• Hybrid Investing: Combines both guided and self-directed options for added flexibility
• IRA/Roth IRAs: Where members can invest for their retirements in a tax-advantaged way

How a strategic alliance with Eko benefits credit unions

Partnering with Eko offers credit unions a significant competitive advantage, in several areas:

• Drive member investments. Today, 53% of members prefer to invest with their trusted credit union, but less than 1% do. With Eko that number increases on average to 9.7% after just one year.
• Increase member engagement and stickiness. Members who use Eko increase their number of logins on average by 3.8x.
• Attract younger members and reduce churn. Today, 65% of Eko users are millennials or Gen-Z. By giving these members a product they want, you will keep them loyal to the credit union.
• Generate new revenue streams. Earn non-interest revenue via Eko’s revenue share model.
• Defend yourself against third-party investment providers. Every day money is flowing out of the credit union to third-party companies like Betterment, Robinhood and Acorns. Credit unions are not only losing deposits, but also members to third-party firms, who are actively promoting their high-yield bank accounts and credit cards.

Why choose Eko?

Eko's commitment to pioneering solutions empowers financial institutions to offer inclusive and forward-thinking services to their clients. As the industry continues to evolve, Eko remains at the forefront of digital innovation, catalyzing change that benefits credit unions and their members.

Connect with Eko

Talk to one of our CUNA Strategic Services alliance managers to learn more about Eko. We’ll help you identify and evaluate the best solution for your credit union.