About Dora Financial
Dora Financial is a Credit Union Service Organization (CUSO) founded by USALLIANCE Financial in August 2021 to serve the 50 million Americans currently not participating in mainstream banking. Dedicated to financial inclusion, our app features a fully bilingual digital banking experience that supports individuals with low to moderate income. Our goal is to help people find the pathway to credit union membership.
Dora’s mission is to reduce racial and economic disparity and provide access to fair financial services to everyone.
Dora Investors
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USALLIANCE Financial
“With Dora Financial, the credit union industry now has a solution to use neo-bank technology, cooperative principals and a bilingual interface to deliver a fair and equitable account to the unbanked and underbanked population” said Kris VanBeek, CEO and president, USALLIANCE Financial. “The Dora CUSO aligns with the mission and commitment of USALLIANCE Financial to provide broad access to financial services to all and helps us achieve our ultimate purpose: empowering our members to live life fully.”
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Affinity Plus Federal Credit Union
“Every day, our credit union seeks to help people, small businesses and communities achieve financial independence through the best service, products, and rates. As a member-owned, not-for-profit organization, we’re excited about how Dora financial offers a specific option for people in our communities who need even more help getting started or turning around their finances,” said Brian Volkmann, Executive Vice President, and Chief Financial Officer at Affinity Plus.
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Digital Federal Credit Union
“Dora has opened the doors to neo-bank technology using the cooperative principals that credit unions, like DCU - Digital Federal Credit Union, were founded on,” said Dave DeWitt, DCU’s Senior Vice President of Enterprise Services. “Through the offering of this technology, it allows DCU and the credit union industry as a whole, the opportunity to provide bilingual banking services to both the unbanked and underbanked communities.”
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Inclusiv
"Dora gives the community development credit union movement a powerful tool to reach and serve the people that credit unions are organized to help. Consumers who face barriers to access mainstream banking products will now have a safe and transparent alternative. Inclusiv is proud to work with these visionary credit union leaders to bring collective expertise to scale solutions that help people gain financial empowerment and achieve financial independence in English and Spanish," said Cathie Mahon, Inclusiv's President, and CEO.
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Labor Credit Union
“We are thrilled to partner with Dora Financial. This partnership is not just about the present; it's about building a sustainable future.” said Hina Khalid, CFO at LCU. “We aspire to create a lasting impact that extends beyond banking, fostering a culture of financial well-being and community growth. Together, we are committed to addressing the banking needs of the underserved population, ensuring that everyone has equal access to financial services!”
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Service Federal Credit Union
“Supporting the communities we serve, improving financial well-being, and creating enduring relationships is at the heart of what we do. At Service Credit Union, we understand that financial service isn’t one-size-fits-all. We are excited, through Dora financial, that we will be able to extend our impact in order to provide a trusted financial partner for people in our community who need it the most,” said David Araujo, Service CU President-CEO.