Corporate report

SARASOTA-MANATEE
Credit union named finalist for six-figure prize
Manatee Community Federal Credit Union is one of four finalists for the Wells Fargo NEXT Seed Capital Award, a $100,000 grant to the community development financial institution with the best idea for expanding coverage.

The credit union is in contention for its new app, CreditConnect Daily, which it says packages its financial services into an easy-to-use mobile app. The app, according to a statement, will “transform the ability for the average consumer to manage their financial life, including daily credit score updates and a variety of credit building resources and loan products.”

Finalists for the award will make their final presentations to a committee July 12. The winner will be announced by the end of July.