CU*NorthWest said it plans to convert three more Southern California credit unions to the CU*BASE core processing platform.
They are the $23 million RAFE FCU in Riverside, Calif., scheduled to convert in November; the $25 million Printing Industries CU of Los Angeles, converting in December; and the $25 million Mid-Cities CU in Compton, Calif., scheduled to convert next June, the Liberty Lake, Wash., CUSO said.
RAFE FCU is currently a Fiserv CUSA user, according to the Technology Survey from Callahan & Associates, while Mid-Cities and Printing Industries are both currently running on the UltraData core platform from Harland Financial Solutions.
The CUSO said it also moving its production to a processing site in Yankton, S.D., operated by SiteFour, a newly formed CUSO there. In turn, CU*NorthWest will host a real-time backup site at its existing Liberty Lake centerCU*South of Mobile, Ala., another cuasterisk network partner, is also a part-owner of the venture and a customer and resource provider.
“This is just another example of our network of cooperatives working to improve the value for our collective clients through collaboration and joint investment,” said CU*NorthWest CEO Greg Smith. “Disaster recovery and business continuity plans will be greatly enhanced and clients will feel virtually no change in their invoice.
CU*NorthWest was founded in 2005 and is a member of the cuasterisk network based on the CU*BASE platform from CU*Answers in Grand Rapids, Mich. It now has a client list of 25 credit unions, the company said.
