Synergent Signs Core Client
The $62 million Genesee Valley Federal Credit Union in Geneseo, N.Y., plans to convert to the Symitar Episys platform through Synergent Technology Services in Portland, Maine.
Synergent is a subsidiary of the Maine Credit Union League that currently supports 60 credit unions on Episys through its service bureau. Symitar is a subsidiary of Jack Henry & Associates of Monett, Mo., and provides core processing to more than 800 credit unions.
The 9,100-member Genesee Valley FCU plans to convert on March 1, 2015, Synergent said, and also will deploy Synergent check collection and share draft processing, ATM/debit card and statement processing and direct marketing services, as well as Jwaala online banking, Access Softek mobile banking, and iPay bill pay services.
According to data from Callahan & Associates, the New York credit union currently runs on the Fiserv Portico core platform, along with Fiserv CUSA for home banking.
In other core processing news this week, CU*Answers of Grand Rapids, Mich., said it added another owner, the $46 million Greensboro Municipal Federal Credit Union in Greensboro, N.C.
The Michigan CUSO, provider of the CU*Answers core platform to about 225 credit unions, said the North Carolina credit union, which went live on the CU*BASE core in 2012, becomes its 124th owner and the sixth added this year.