The $393 million, 27,200-member Nassau Financial Federal CreditUnion plans to convert to the Symitar core processing platform fromJack Henry & Associates, the Missouri-based company saidWednesday.
|The Westbury, N.Y., credit union has been running on theFiserv Spectrum platform, according to the Technology Surveyfrom Callahan & Associates.
|The credit union “decided to change core vendors when theprovider of the system it has used for more than 20 years halteddevelopment,” JHA said in its announcement.
|Frank Cordano, the credit union's president/CEO, said, “NassauFinancial is committed to providing advanced technology andcompetitive financial services that meet our members' ever evolvingneeds. This mission requires that we have a strong, yet nimble coreplatform. Symitar will meet our needs both as a technology providerand a long-term partner.”
|Ted Bilke, Symitar president, said, “The addition of NassauFinancial to our client roster represents an importantmilestone. RobertReh, Nassau Financial's chief information officer, is now theseventh, out of 10, credit union executive on the CUNA Technology Council to select Episys.”
|More than 700 credit unions now run on JHA's core platforms forcredit unions, the company said. It also offers its clientsPowerOn software development tools and apps store.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
