CHAPIN, S.C. -- Nine credit unions have signed up so far this year for the WebFederal3 Virtual Banking solution from PM Systems Corp., the company said.
They are $344 million First Financial CU of Albuquerque, N.M.; $316 million Red River CU of Texarkana, Texas; $184 million City CU of Dallas, Texas; $127 million Alta Vista CU of San Bernardino, Calif.; $117 million BestSource CU of Waterford, Mich.; $111 million West Virginia FCU of Charleston, W.Va.; $84 million TLC FCU of Tillamook, Ore.; $35 million Southwest Financial FCU of Dallas, Texas; and $21 million Harbor Area Postal Employees FCU of Lomita, Calif.
"Our principal competitors have become marketing companies rather than technology companies and may also compete with their clients," said Robert Broadwell, vice president of PM Systems (www.pmsyscorp.com).
"In most cases these vendors cobble together a collection of disjointed third-party products. Savvy virtual marketing specialists are shunning these eclectic offerings in favor of PMSC's tightly integrated virtual banking suite," Broadwell said.
More than 50 credit unions are using the South Carolina company's complete WebFederal3 platform--which includes online banking, bill pay, lending, e-statements and other options--while others are using parts of the solutions set, the company said.
--mrapport@sc.rr.com
