CMFG Ventures, the venture capital arm of CUNA Mutual Group, and the Filene Research Institute have launched the FinTech Catalyst Incubator, the company announced recently.

According to a release, the incubator will test new fintech products and services at credit unions. These products or services will be tested by a group of up to 12 credit unions for six months. The credit unions will receive tools and support from Filene Research Institute to test a unique hypothesis.

“We are committed to the success of our entrepreneur partners and that commitment goes beyond funding, which is why we’re so pleased to partner with one of the country’s leading research organizations, Filene Research Institute, to test companies and ideas for desirability, viability and feasibility,” CMFG Ventures Managing Director Brian Kaas said in a statement.

Credit unions interested in participating should sign up online.