Press Release Details

ESL Federal Credit Union Expands Digital Offering for Mobile Business Banking

October 5, 2016

Q2 Platform empowers Rochester-based financial institution with superior mobile and digital business banking platform

AUSTIN, Texas--(BUSINESS WIRE)-- Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of secure, cloud-based virtual banking solutions for community-focused financial institutions, today announced the successful implementation of its industry-leading digital business banking solution at Rochester, New York-based ESL Federal Credit Union (ESL FCU). The partnership will provide ESL FCU business banking clients with a sophisticated digital banking solution for business account holders that is user-friendly and, most importantly, secure.

“The security of our members’ information and the stability of our online business banking product is a top priority for ESL,” said Keith Cleary, vice president of business banking at ESL FCU. “Q2’s state-of-the-art data center and advanced technology platform were a natural fit to build a superior internet and mobile banking product for ESL business banking members.”

The financial institution, which has more than $5 billion in assets and 20 branches in New York, implemented the Q2 Platform to establish a dynamic and intuitive mobile banking solution for its business clients that enables account holders to access features such as remote deposit and security alerts on any device, anywhere, anytime.

“ESL is a leading financial institution in our market,” said Joe Buscaglia, chief information officer at ESL FCU. “Q2’s internet and mobile capabilities give ESL a competitive advantage in the business banking market. We are able to combine our exceptional customer service with superior products to bring our customers extraordinary value that can’t be matched elsewhere.”

“Our partnership with ESL FCU is a great example of how far our strategic advisory services can go to ensure a successful and smooth implementation,” said Matt Flake, CEO of Q2. “Not only did we work directly with the ESL team, but they were able to receive real-time feedback and updates from our implementation team in order to guarantee a timely and seamless transition to the Q2 Platform.”

Q2’s Advisory Services are designed to drive and support the strategic growth of clients’ digital banking platform investments. Q2 Advisory Services can provide important planning and implementation across the lifetime of a client engagement, ensuring the smooth rollout of new products as well as the strategic and tactical alignment of digital banking with a client’s organizational needs and goals.

About Q2 Holdings, Inc.

Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based digital banking solutions headquartered in Austin, Texas. Q2 is driven by a culture of partnership and dedication to empowering community-focused banks and credit unions with digital banking solutions that help them stand apart, scale smart and grow beyond with retail and commercial account holders. Q2’s solutions are designed to deliver a compelling, secure and consistent user experience on any device and enable customers to improve account holder retention and to create incremental sales opportunities. To learn more about Q2, visit www.q2ebanking.com.

About ESL Federal Credit Union

Founded by George Eastman in 1920, ESL Federal Credit Union is a full-service financial institution with $5.9 billion in assets. The locally owned financial institution employs more than 700 people in Rochester, New York, and includes approximately 330,000 members worldwide.

The company has now appeared on the Great Place to Work® Best Small & Medium Workplaces list for five years (2015, 2014, 2013, 2011, and 2010). Access to the credit union includes 20 branch locations and more than 40 ATM locations, locally based telephone and Internet chat centers, and online and mobile banking channels. The company is head quartered at 225 Chestnut St. in Rochester, New York, and can be found on the Internet at www.esl.org.

Source: Q2 Holdings, Inc.

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Emma Chase, 512-551-9253

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