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CU System
Xceed Financial first Silver Benefactor CU for Filene
MADISON, Wis. (1/23/13)--Xceed Financial CU in El Segundo, Calif., a longtime supporter of the Filene Research Institute, is the first natural-person credit union to support Filene as a Silver Benefactor, by contributing $25,000 annually to the institute.

"As credit unions' think-and-do tank, we rely not just on the financial support but also on the engagement of credit unions," said Mark Meyer, Filene CEO. "Teresa (Freeborn, Exceed Financial's CEO) and her leadership team at Xceed constantly raise their hands to try new ideas. Their decision to support Filene so generously is an extension of their commitment to explore constantly and to find better and innovative ways to serve their members," Meyer said.

The $751 million asset Xceed Financial has:  

  • Provided innovation, marketing and design support to Filene's original Debt in Focus pilot, eventually used by more than 500 credit unions;
  • Worked with Filene researchers on a "big data" project tracing member profitability;
  • Tested the Amazon.com credit card portal with Filene for best practices for online sales; and
  • Collaborated with Filene on a Pepperdine University Master of Business Administration intern program.  
"When we consider which organizations to support we look for tangible benefits," Freeborn said. "We look for organizations that collaborate, that support credit unions' ability to survive and thrive, that provide opportunities for our professionals to engage and make a difference. Filene provides all of this to Xceed Financial and to credit unions across North America."

Freeborn was part of the inaugural i3 innovation team in 2004. Today she is a Filene research council member, helping to guide the institute's research and innovation priorities.
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