Symitar Service Bureaus Sign Two More
Two outsourcing providers of the Symitar core processing platform said they have signed new credit union users of their services.
Synergent Corp., a subsidiary of the Maine Credit Union League, has signed the $133 million St. Jean’s CU of Lynn, Mass., founded in 1910 and now the nation’s oldest state-chartered credit union. St. Jean’s will also use Synergent’s item and card processing services, the company and credit union said.
Member Driven Technologies, meanwhile, said it has converted the $112 million CES CU of Mount Vernon, Ohio. The suburban Detroit CUSO said it has converted 48 credit unions to its Symitar service center in the past eight years with six more scheduled this year.
Synergent said it has converted more than 50 credit unions in the past five years. St. Jean’s CU currently is an Open Solutions Inc. customer, according to the Callahan & Associates Technology Survey.
CES CU currently runs on a Fiserv DataSafe platform, according to the Callahan survey. Symitar, a division of Jack Henry & Associates, now has more than 700 credit union core processing customers.