TULLAHOMA, Tenn.– Ascend Federal Credit Union is the latest CU to launch a new buy now, pay later (BNPL) program.
As with many of the other CU BNPL offers, the program is being provided in-house through equipifi.
“Ascend’s BNPL program allows members to divide eligible purchases into predictable, manageable installment payments through their existing Ascend checking accounts and debit cards,” the credit union said. “By offering this feature within Ascend’s trusted mobile app and digital banking platform, members gain convenient access to a tool that strengthens personal budgeting and eases financial pressure.”
‘Clear Mission’
Added Chief Lending Officer Trevor Williams in a statement, “At Ascend, we are guided by a clear mission to serve our members and improve their financial lives through meaningful, values-based support. Our BNPL program is an extension of our commitment to provide members with practical and empowering solutions that reflect our core values and put their needs first.”
The $4.4-billion credit union added that unlike many BNPL programs from third-party providers, Ascend’s program is fully integrated within its own secure banking ecosystem.
“This ensures that all engagement, support, and any generated revenue remain with Ascend, where they are reinvested into programs, services, and initiatives that benefit the credit union’s membership and strengthen the financial health of the communities it serves,” the credit union said.
Ascend FCU has more than 260,000 members.
