Symitar's core processing platforms were sold to 18 more credit unions in the last six months of 2012, the first half of its 2013 fiscal year, bringing to 788 the total number of credit union clients, according to Jack Henry & Associates.

The Jack Henry division said it also is seeing a trend toward outsourcing, with 14 credit unions moving from in-house to service bureau settings for their account processing relationship with the Monett, Mo., company.

There now are 607 credit unions using the flagship Episys platform, the company said, including 233 that outsource through Jack Henry's Episys EASE system or relationships with MDT, Synergent and other CUSOs, the company said Wednesday.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • 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.
NOT FOR REPRINT

© 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.