FedComp Keeps Light on for Small Credit Unions: Print Preview
- FedComp shifts focus to core data processing.
- Vantage Point FCU and Southern FCU benefit from FedComp’s customizations.
- The vendor to work with state leagues on small credit union technology projects.
After 30 years in business, the Fairfax, Va.-based core data processing system provider FedComp Inc. made the decision to move the 130 credit unions using its Internet banking product VirtualCU onto the Boise, Idaho-based Database Management Services’ more modern HomeCU. That’s left FedComp to put more resources into its flagship product, the FedComp Platinum core data processor, as well as add-on services the company has developed over the years.
Baker added that FedComp ensures its clients’ voices are heard when it comes to system changes and updates.
“We can make suggestions about enhancements, and they’ll take them into consideration,” Baker said. “Sometimes they’ll take your idea and expand on it themselves. For example, we asked if we could print from a certain screen, and they took that a step further and developed several new printing capabilities. They’re really open to making it more useful for their clients.”