WRG Touts 2011 Results
Wescom Resources Group said record core product sales helped drive revenue in 2011 to $9.39 million while maintaining an average annual growth of 25% through the 10-year history of the tech CUSO of the $2.4 billion Wescom Credit Union in Pasadena, Calif.
WRG said more than 200 credit unions are now using its MemberEdge online and mobile banking, bill pay, service bureau and business continuity solutions.
Significant system integrations in 2011, the company said, included with Corelation Inc.’s KeyStone and Share One Inc.’s NewSolution core platforms, mobile P2P transfers via PayPal, mobile remote deposit processing with DeposZip from EasCorp’s Vertifi LLC, and native iPad support.
Key client signings included converting the $963 million SELCO Community CU in Eugene, Ore., to WRG’s online and mobile solutions, the CUSO said.
“2011 was a very significant year for WRG,” said Tim Dolan, WRG president. “With online channels becoming ever more complex, credit unions need technology partners that offer not just exceptional products but a willingness and know-how to pull it all together with other solutions for a world-class member experience. As part of a credit union, WRG understands that mix and strives to help its clients deliver on that vision.”
WRG said its products now include service bureau, online and mobile, bill pay, e-alerts, multi-factor authentication, ACH, online account opening and consulting services to more than 225 credit unions.