Hawaii Credit Union Converting to Corelation
The $554 million University of Hawaii Federal Credit Union in Honolulu said it plans to convert in the third quarter of 2015 to the KeyStone core processing system from Corelation Inc. in San Diego.
“Our decision to partner with Corelation came down to a clear improvement in technology, all supported by a group of people we can trust,” UHFCU CEO Jeanine Morse said in the July 30 announcement from Corelation.
Launched in 2009, Corelation now has 27 credit unions signed and 13 live on the system, the company said.
According to Callahan & Associates data, the 29,000-member UHFCU currently runs on the UltraData platform from Davis + Henderson Corp., the Canadian firm that bought Harland Financial Services from Harland Clarke Holdings last summer.