Corelation, the San Diego core system provider, has announcedthat it has signed the $624 million Lathrup Village, Mich.-basedMichigan First Credit Union to implement its technology.

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Conversion is slated for July 2013, said Michigan First CEOMichaelPoulos inan interview. He indicated that the institution is presentlyon a Symitar core, but in looking ahead to a world of 24/7 banking,he said the credit union needed a core that offered round the clockavailability to staff.

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“The Corelation core will give us that,” said Poulos, whoexplained, “ultimately we want to expand our hours. We wantto be able to take loan applications at 3 a.m. and this new corewill let us.”

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Around a dozen credit unions are either on the CorelationKeyStone core or awaiting conversion, according tothe company.

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“The flexibility and openness of our KeyStone system will enableMichigan First to grow exponentially well into the future with theproducts and services they specifically need to better serve theirmembers,” added Corelation President/CEO, Theresa Benavidez, in aprepared statement. “We designed our system to fit the uniquerequirements of credit unions like Michigan First, who want tooffer 24/7 service to their members.”

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Although Corelation is a comparative newcomer to the core systemfield, Poulus added that the team behind the platform is highlyexperienced and that he had confidence in them.

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