Small Credit Union's Processor Wins Over CEO
Robert Taylor was so impressed with the core processing system at the smaller credit union his Idaho State University Federal Credit Union was merging that the CEO is not only keeping that platform around, he’s buying a piece of the company.
Earlier this year, the $130 million ISUCU took in the $17 million Pocatello Teachers Federal Credit Union in Pocatello, Idaho.
Taylor said he also was impressed enough to persuade his board of directors to purchase a 16% stake in CUDP.
“Who’d ever heard of Google or Facebook before they became mainstream? That’s the way I feel about CUProdigy; it’s the next step in the evolution of credit union core processing systems,” Taylor said.