Third-party integration and increased efficiencies were cited in the decision by the $1.8 billion Summit Credit Union in Madison, Wis., to convert to the Symitar core processing platform from Jack Henry & Associates, the company and credit union said.
The 125,000-member credit union cited functionality and efficiency and the ability to integrate with third-party solutions in its decision to convert and run the system in-house.
“The Episys core will allow us to improve efficiency yet remain nimble to change as our members’ needs evolve,” said Kim Sponem, Summit CU’s president/CEO.
Summit also chose other Jack Henry solutions, including NetTeller Online Banking, goDough mobile banking, iPay Technologies consumer online bill pay, Synapsys member relationship management, iTalk IVR and ARCU data warehousing solutions.
Summit currently runs on a Fiserv DataSafe platform, according to the Technology Survey from Callahan & Associates.
More than 750 credit unions, including more than a third of billion dollar credit unions in the country, now use Symitar platforms, the company said.