Kitsap Credit Union in Bremerton, Wash., invested in AI startup D8TAOPS.
The credit union said in a press release that it became the first credit union in Washington state to gain approval from the state regulator to make the equity investment.
Kitsap said the investment in D8TAOPS, an Oregon-based AI and data orchestration firm, will help modernize its operations, improve efficiency and enhance the member experience. The size of the investment wasn’t disclosed.
“This is a transformative moment not just for our organization, but for the credit union movement as a whole,” Shawn Gilfedder, Kitsap’s president and CEO, said in the release. “Through this strategic investment and design partnership we’re helping shape that future, all while ensuring our members benefit from smarter, faster, and more secure financial services.”
Kitsap has already run a pilot program using D8TAOPS technology.