Mid-Ilini Plans Sharetec Conversion
The $46 million Mid-Illini Credit Union in Bloomington, Ill., plans to convert to the Sharetec core processing system from Bradford-Scott Data Corp. of Indianapolis, the company and credit union said.
The 7,200-member credit union had been running on a Fiserv CUSA platform, according to the Technology Survey from Callahan & Associates.
Mid-Illini Credit Union will be adding business accounts, mobile banking and deposit capture, electronic notices, an indirect lending interface and tiered courtesy pay, which Bradford-Scott said will create additional income for the credit union.
Bradford-Scott is one of four regional owner-distributors of the Sharetec platform now in place at more than 300 credit unions, the company said.