Business Members Can Now Onboard Online at America First Credit Union, powered by Loquat's digital account opening platform

MIAMI, Fl. & OGDEN, Utah – June 24, 2025 – America First Credit Union today launched digital business account opening for its membership, powered by Loquat Inc. Business owners can now open a business checking or savings account in minutes, entirely online or through a hybrid digital and in-branch process — whichever better fits their needs. The launch marks a significant milestone for one of the country's largest credit unions as it modernizes services for its growing business membership.

The Loquat-powered experience guides business applicants through identity verification, entity documentation collection, and account funding in a streamlined digital flow. For more complex applications or members who prefer in-person service, branch staff can pick up exactly where the digital application left off — no duplicate data entry, no lost context. The CALM Portal gives America First's operations team real-time visibility into every application in the queue, with built-in compliance monitoring and decisioning tools.

America First Credit Union selected Loquat following an evaluation of multiple digital onboarding providers. The credit union cited Loquat's SOC 2 Type 2 certification, omnichannel architecture, and the depth of its back-office workflow tooling as key differentiators. The business account opening capability will be followed by digital lending for business borrowers later in 2025. Financial institutions interested in a similar deployment can learn more at loquatinc.io.