Vantage West Credit Union introduces HUSTL, a new digital banking start-up for freelancers
Vantage West Credit Union has introduced a new digital banking start-up designed for freelancers, HUSTL Financial.
The Arizona-based credit union says HUSTL seeks to “cater to the unique needs of freelancers” and address their common pain points when seeking a “financial partner”, such as irregular income streams, high fees, and a “lack of financial statements like W2s”.
With this, HUSTL supports a wide array of banking services, including high-yield savings and interest-earning checking accounts, and certificates of deposit (CDs).
It claims these features help “automatically save for taxes, create personalised savings goals for future projects, supply needs, or equipment upgrades, and track gig income, expenses, and cash flow”.
Established in 1955 and headquartered in Tucson, Vantage West Credit Union boasts of managing over $3 billion in assets and serving over 175,000 members.
Speaking on the new venture, Rob Hoyle, chief information officer at Vantage West Credit Union, describes HUSTL as a “new, fully digital, mobile, and member-focused credit union that helps freelancers organise income, track expenses, and build a safety net for the slow months”.
“Freelance workers are the backbone of multiple industries, and we’re excited to help them build financial stability so they can focus on the work they’re most passionate about.”