Mich. CUSO To Symitar
Member Driven Technologies said it has just converted two more credit unions to users of the Symitar Episys core platform, bringing to 45 the number of CUs now using the Detroit CUSO's data center operations.
They are the $109 million MTC FCU in Greenville, S.C., and the $65 million Department of Labor FCU in Washington, D.C., according to Larry Nichols, CEO and president of MDT in suburban Warren, Mich.
MTC FCU had been a Fiserv DataSafe client while Department of Labor FCU had been running on a CMC/Flex platform, according to Callahan & Associates' Technology Survey.
Nichols said MDT, which began operations in 2003 after it was formed by a group of seven Michigan credit unions, is scheduled to convert two more credit unions in November, bringing its 2010 total to nine. He said MDT will soon open a second center in the Detroit suburb of Southfield.
The CUSO currently operates in 18 states and its client list includes 24 of the approximately 45 credit unions in Michigan that use the Episys platform, Nichols said.
San Diego-based Symitar is a division of Jack Henry & Associates of Monett, Mo., and provides core processing to more than 700 credit unions.