Dallas, TX, March 2, 2025 — CU1 has officially selected Prospera™, BankSocial’s embedded digital wealth and investment platform, marking a significant expansion of its strategic partnership with BankSocial (Fivancial, Inc.).
Through this engagement, CU1 will deploy Prospera to deliver modern, in-app investing capabilities directly within its digital ecosystem. This empowers members with seamless access to stocks, digital assets, and next-generation wealth tools, all within a trusted credit union experience.
This milestone builds upon the growing relationship between CU1 and BankSocial and represents a shared commitment to innovation, member engagement, and balance-sheet growth.
“We believe financial institutions must evolve alongside their members,” said John Wingate, Founder & CEO of BankSocial. “By selecting Prospera, CU1 is positioning itself to meet the rising demand for integrated digital wealth — not as a bolt-on solution, but as a core strategic capability.”
Prospera™ enables financial institutions to:
- Offer embedded stock and digital asset trading within their existing digital banking experience
- Maintain institutional-grade compliance and security infrastructure
- Drive deposit retention and wallet primacy
- Attract and engage younger, digitally native members
- Capture new non-interest income streams
Unlike third-party fintech applications that sit outside a credit union’s ecosystem, Prospera integrates directly into the institution’s digital environment. This reinforces trust, strengthening member relationships, and ensuring assets remain within the financial institution’s orbit.
CU1’s expanded partnership with BankSocial reflects a broader strategy to modernize its member experience while preserving cooperative values and financial stewardship.
“Our members expect access to the tools shaping the modern economy,” said a CU1 Executive. “By deepening our partnership with BankSocial and implementing Prospera, we are delivering innovation responsibly — in a way that aligns with our mission and strengthens long-term member value.”
Prospera is part of BankSocial’s broader digital infrastructure ecosystem, which includes real-time payments, embedded wallet capabilities, AI-driven compliance tools, and digital asset orchestration — all designed specifically for regulated financial institutions.
This announcement underscores a growing trend: forward-thinking credit unions are no longer observing digital wealth adoption from the sidelines — they are building it directly into their core member experience.
About CU1
Credit Union 1 Mobile Banking is a secure, convenient way to access your accounts and pay bills anytime, anywhere, using your mobile device.
About BankSocial
BankSocial™ is a financial technology company that helps people and institutions move, store, and grow money securely. From everyday purchases to building a digital asset portfolio, BankSocial makes modern payments, investing, and self-custody simple and accessible.
Whether you’re an institution looking to lead or an individual ready to take control, BankSocial is here to support your financial journey.
See Also:
Michael Abraham Appointed to FIvancial Board of Directors, Bringing BankSocial® Proven Credit Union Growth and Strategy Leadership | Disruption Banking
