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Digital Account Origination (DAO)
Cotribute DAO is a modern, core-agnostic origination platform for credit unions and community banks. Consumer, business, and loan account opening in a single system — with instant KYC/KYB, automated fraud detection, and straight-through processing to your core.
New Accounts
5X
Increase — Credit Union 1
Automation
97.6%
Manual steps automated — Nutmeg State FCU
Deposits
$10K
Avg per new account — Capitol CU
Who it's for
Credit unions and community banks that want digital account opening to feel like a fintech, integrate with their existing core, and go live in under 30 days — without a multi-quarter core replacement or a custom development project.
Products in the DAO suite
Consumer Account Opening (CAO)
Fully automated KYC and fraud checks, funding, and core-write for new deposit and membership accounts.
Business Account Opening (BAO)
Multi-entity business onboarding with automated document generation, beneficial ownership (FinCEN CDD), and KYB+KYC.
Consumer Loan Application (CLA)
Auto, personal, and credit card applications with instant decisioning and cross-sell into deposits.
Business Loan Application (BLA)
SBA-ready business lending flows integrated with the same KYB spine as BAO.
Outcomes to expect
- Best-in-class conversion — 60%+ lift versus legacy origination flows
- 89.5% of applications decisioned instantly (Nutmeg State FCU benchmark)
- Digital becomes the #1 new-account channel within 90 days of launch
- Live on any major core: Symitar, Corelation KeyStone, Fiserv (Premier, Precision, DNA), FIS, Jack Henry