CTCE FCU Converts to Symitar Episys Platform
The $84 million CTCE Federal Credit Union of Reading, Pa., has become the 49th credit union to convert to the Symitar Episys platform through Member Driven Technologies, the suburban Detroit CUSO said.
MDT President/CEO Larry Nichols said four more are scheduled this year. When those are complete, the company’s data centers will support services to more than 800,000 members representing more than $6 billion in assets, Nichols said.
The 14,000-member CTCE FCU had been a Fiserv Advantage user, according to the Callahan & Associates Technology Survey.
MDT said it now operates in nearly 20 states and has a client list that includes 24 of the 45 credit unions in Michigan running on the Symitar Episys platform. San Diego-based Symitar is a division of Jack Henry & Associates of Missouri and provides core processing services to more than 700 credit unions.
MDT was formed in 2003 by a group of seven Michigan credit unions.