The $5 billion Teachers Federal Credit Union in Hauppauge, N.Y.,will be converting to the DNA account processing platform fromFiserv Inc., the company and credit union said.
|The 238,000-member TFCU will also use 20 other Fiserv solutionsas part of its effort to drive efficiency and service for itsmembers, the Monday announcement said. The credit union creditedthe platform's 360-member view and integration abilities in itsdecision to convert.
|TFCU also cited the ability to create its own extensions of thecore system by using the built-in development tool kit or downloadsfrom the DNAappstore. The announcement also said the new systemwill help the 25-branch credit union as it extends its footprintinto western Long Island.
|According to Callahan & Associates data, TFCU currently runson the UltraDataplatform from Davis + Henderson Corp., the Canadian firm thatbought Harland Financial Services from Harland Clarke Holdings lastsummer.
|There were 334 credit unions on UltraData in the 2014 SupplierMarket Share Guide from Callahan. Fiserv said there are about 250credit unions worldwide on DNA, the platform acquired by Fiserv when it bought Open Solutions lastyear.
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