Sixteen credit union executives have been accepted to Filene i3, a program with a legacy of fostering the development of new ideas and innovations for credit unions. Each i3 member serves a two-year term that kicks off at Filene’s big.bright.minds event this October at the University of Wisconsin-Madison.
Boasting more than 200 innovative concepts in its first decade, Filene i3 has helped save consumers millions of dollars, brought new efficiencies to credit unions and even changed a few laws. Under the guidance of Andrew Downin, new i3 ers will experience a greater emphasis on prototype testing and implementation following concept innovation.
“Constant innovation is critical for credit unions to meet the needs of today’s consumers,” said Downin, Filene managing director of innovation. “Testing prototypes for desirability and scalability are equally critical steps in the innovation process. Added rigor around our new build cycle to allow further prototype testing will help ensure new innovations can be successfully implemented to solve the problems they were designed to address.”
Historically, Filene accepts less than 20% of the applicants into the program. Filene i3 members commit to ideating, building, and testing several innovation concepts, piloting two ideas in their credit unions, attending two national meetings per year, and participating in regular group work.
New i3 members include: