Chicago CU Opts for New Core Provider
77th Street Depot Federal Credit Union in Chicago is now running on a core processing platform from R.C. Olmstead Inc. under a new seven-year deal, the company and credit union said.
Along with core processing, the company will provide home banking, laser forms and a real-time ATM/debit interface.
The $18 million, 3,800-member credit union serves primarily Chicago city transportation workers and their families.
R.C. Olmstead is based in Dublin, Ohio, and now serves about 80 credit unions, the company said.
77th Street Depot FCU had been running on a Fiserv CUSA Technologies platform, according to its 5300 Call Report at the NCUA.