The 130 credit unions using FedComp, Inc.'s VirtualCU Internetbanking product are set to roll onto the Boise, Idaho-basedDatabase Management Services, Inc.'s online and mobile bankingplatform HomeCU as a result of an agreement between the two companies,DMS announced.
|DMS said this migration marks the dissolving of the VirtualCUproduct, launched by the Fairfax, Va.-based core data processingprovider, which currently serves more than 850 credit unions,in2001. More than 350 credit unions already utilizeHomeCU.
|“We strive to provide the best possible solutions for our creditunions,” said Robert Duff, president/CEO for FedComp.“We already have a great relationship with DMS, our credit unionslove them, and migrating all our credit unions to the HomeCUproduct is a strategic decision that allows us to focus ourresources on providing the best product offering for our clientsand their members.”
|Joe Pearson, president for DMS, said, “FedComp is an open,customer-centric company. They understand the complexities ofproviding 24/7 home banking and are constantly looking for ways toimprove their product offerings through innovation and partneringin order to ultimately meet the changing needs of their clients'members.”
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