The $346 million Cornerstone Community Federal Credit Union inLockport, N.Y., said it plans to convert to the NewSolutions core processing platform from ShareOne in Memphis, Tenn.

Ann Hood, president/CEO of the 46,800-member credit union, saidit chose the Tennessee CUSO's platform from among a group of nineit researched, and that the switch was necessitated by the comingretirement of its current core processing platform.

“Since we knew we would be doing a conversion of some type, wefelt a full review of the various credit union core processors wasnecessary in order to select the best product for our creditunion,” Hood said.

Cornerstone Community is now one of 16 credit unions that usethe Fiserv CUBE platform, according to data from Callahan &Associates.

Fiserv had told CUBE users in late 2011 that it would begradually sunsetting the platform “because CUBE had reached animpasse in its development due to certification issues with thelatest versions of both the Microsoft operating system and the SQLserver database,” company spokeswoman Alicia Bell said Friday.

“This change impacted fewer than 50 Fiserv clients. Fiserv hasbeen a consultative partner with these clients throughout thisprocess and provided ample time and support for clients to selectand transition to an alternative account processing platform. Weare very pleased that the majority of CUBE users are transitioningto other Fiserv account processing solutions,” Bell said.

Share One said it now serves 104 credit unions.