Clutch and TruStage expand partnership

Clutch, a fintech startup offering digital loan and deposit origination solutions for credit unions, announced the launch of Protection Products: Plan Selection in partnership with TruStage.

The new offering automates plan selection, eligibility filtering, and pricing for GAP and debt protection/credit insurance.

Using Clutch’s Protection Products: Plan Selection, applicants applying for a personal loan, auto loan or credit card via a credit union are now able to view live protection options, understand eligibility instantly, and select coverage on the spot.

Clutch is backed by TruStage Ventures.

“This launch reflects our ongoing commitment to driving digital transformation in the credit union ecosystem. By embedding real-time product selection and automated eligibility into Clutch’s intuitive lending flow, we’re enabling credit unions to serve their members faster, more accurately, and with greater confidence.” – Corrin Maier, Vice President of Lending Payment Protection at TruStage.

“Manual follow-up has long been a barrier to protection product adoption. This new capability removes that bottleneck, allowing credit unions to improve attach rates and accelerate funding – all while reducing back-office workload.” – Tamanna Kottwani, Head of Product at Clutch.

“This release brings us closer to our long-term vision of a seamless, fully self-serve digital lending experience. We’re proud to expand our partnership with TruStage and empower credit unions with the tools they need to drive member value and operational efficiency.” – Nicholas Hinrichsen, CEO and Co-Founder of Clutch.