Share One Signs Five Credit Unions
A Memphis, Tenn. core processing CUSO said it will be converting five more credit unions to its platform in 2011 and handling the system conversions created by six mergers involving two current clients.
Share One Inc. said its new clients are the $127 million CountrySide FCU of Syracuse, N.Y., the $20 million New Haven County CU of North Haven, Conn., the $15 million AdvantagePlus of Indiana FCU of Terre Haute, Ind., the $135 million Emery FCU of Cincinnati, and the $126 million Greater Springfield CU of Springfield, Mass.
All five will be using the NewSolutions core platform, Share One said. They were processing customers of Open Solutions Inc., according to their 5300 Call Reports and the Callahan & Associates Technology Survey.
Two more Share One clients, the $542 million Self-Help FCU of Durham, N.C., and the $33 million Rio Grande FCU of Grand Junction, Colo., are involved in six mergers being facilitated by Share One, the company said.
Share One now has 69 core processing clients.