Corelation Inc. of San Diego said the $93 million, 21,000-member Plus4 Credit Union has committed to the company’s KeyStone core processing platform and will convert next year.
The Houston credit union is the 11th commitment for Corelation, which launched in 2009. Five credit unions have gone live on the platform while six more are awaiting conversion, the company said.
Plus4 Credit Union cited functionality, improvements in operations and service efficiency and flexibility in using third-party systems in its selection.
“It has become crucial for financial institutions today to adapt to the changing demands of our financial services industry,” said Plus4 President/CEO Vladimir Stark. “We wanted to address these changes proactively with new technology.”
Plus4 Credit Union currently is a Fiserv Portico core processing customer, according to the Technology Survey from Callahan & Associates.
