Cornerstone Bank Taps Credova for Buy Now Pay Later Services

2022-01-16 by EPR Staff

Credova CEO Dusty Wunderlich announces an agreement with Cornerstone Bank and their HQ move.

Credova, the Buy Now Pay Later Services company headed by CEO Dusty Wunderlich, has reached an agreement with Cornerstone Bank and moved its HQ to Bozeman, Montana.

Credova, Dusty Wunderlich

Exciting things are happening in the world of Buy Now, Pay Later (BNPL) services. In business since 1936, Cornerstone Bank is continuing the tradition of forward-thinking leadership within the banking industry. They recently announced an agreement with Credova, who will be making downtown Bozeman the location of their new headquarters.

What Are Buy Now, Pay Later (BNPL) Services?

BNPL services, while relatively new, have become increasingly popular in recent years. Like Klarna and Afterpay, financing solutions like these allow customers to make payments on purchases, putting items within reach that would have previously been unattainable. With a BNPL finance solution, the consumer pays for the purchase in installments until paid in full. Such an arrangement avoids some of the predatory interest rates offered by traditional credit card companies.

Many expect the demand for these services to remain steady, with the industry experiencing an estimated 50% increase in customers in the last year alone.

Learn More About Credova

Credova’s special focus is “all things adventure”. Their adventure focus makes Bozeman, Montana, the perfect location for their new headquarters. Bozeman is a growing city with a strong reputation for outdoor activities against stunning backdrops, including Yellowstone National Park.

In speaking regarding the agreement, Dusty Wunderlich, Credova CEO, praised the innovative thinking displayed by Cornerstone bank, “This is the next step in our company evolution, to partner with Cornerstone Bank, a pillar in the banking community. It’s not often you find a bank with a nearly 100-year history, be so agile and forward-thinking, but that’s exactly what we’ve discovered in Cornerstone Bank.”

Just one of the many technology and finance start-ups moving to Montana, Credova is pleased to be part of the trend. The vibrant town, bustling with college students, brings a sense of culture and opportunity. Indeed, Dusty Wunderlich moved to Bozeman several months ago and has enjoyed laying down roots and becoming part of the community.

Why Cornerstone Bank?

Credova is excited to partner with such an established and accessible bank. Cornerstone Bank’s mission, “We give straight answers and the best possible financial options,” presents a natural extension of Credova’s purpose and services. This no-nonsense approach to banking is exactly in line with Credova’s company culture and interests.

Cornerstone is equally as excited about the agreement. In a recent interview, Cornerstone Bank President and CEO Jeff Thomas stated, “Cornerstone Bank’s Vision is to be who people turn to when making important decisions about their money. This relationship will help us do just that. We believe that both Cornerstone Bank and Credova will benefit from working together, as we have a great deal of commonality in our approach to business and our cultures.”

Credova is thrilled to be part of the Cornerstone Bank legacy, grateful for the bank’s solid reputation. Customers will have the confidence of an easy-to-use BNPL service, combined with the security of a long-standing financial institution.

What Customers Can Expect

Credova will soon be a payment option across Montana as retailers quickly adopt the platform. Many online merchants like Hinterland Outfitters and Guns.com are already using Credova. In early 2022, Credova’s new headquarters will be completed in midtown Bozeman.

Credova will continue to grow its market share as BNPL services are here to stay and are even likely to expand. With such a trusted name in financial services, you can count on them when looking for financing for your next outdoor adventure!