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10 credit unions joined Curql Collective and Members Development Company in an investment round for ModernFi CUSO, the first credit union deposit network that provides additional insurance and other services for large-dollar depositors.
Participation by MDC, a Kansas City, Mo.-based research for development consortium of more than 80 large credit union owners, and the Des Moines, Iowa-based Curql, a collective of more than 120 credit unions jointly investing in financial technology, was announced in tandem with the CUSO’s formation in July 2024. MDC and Curql were backed by existing ModernFi investors Canapi and Andreessen Horowitz.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
