Fiserv, Symitar Win Core Contracts
Three more credit unions announced this week their intent to change core processing platforms, including two to Symitar and one from one Fiserv platform to another.
The $56 million Wheatland Federal Credit Union in Lancaster, Pa., has been a Fiserv client for more than 25 years and is converting to the XP2 platform, the company and credit union said. It currently runs on the Advantage system, according to data from Callahan & Associates, and said it plans to run the new system through an outsourced environment.
The $627 million Member One Federal Credit Union in Roanoke, Va., is converting to the Symitar Episys platform, according to parent company Jack Henry & Associates in Monett, Mo. That credit union is currently an UltraData client, Callahan data show.
The $749 million Aloha Pacific Federal Credit Union in Honolulu also is converting to the Episys system, the company and credit union said. It currently is a Fiserv CUBE user, Callahan said.
Episys is now in use at approximately 650 credit unions, JHA said. UltraData is used by about 310 credit unions. XP2 is at about 185 credit unions, Fiserv CUBE at 16 and Fiserv Advantage at about 40, Callahan data show.