The $209 million California credit union cites limits on business lending as its reason to leave the credit union fold.
One converts to Corelation's KeyStone system. Two switching to Symitar systems.
The $5 billion Long Island cooperative will convert from UltraData to Fiserv platform.
A new report from Aite Group predicts online banking conversions will increase.
Two credit unions announce core conversions.
New York credit union commits to Maine league's Episys service bureau.
One year after converting to a bank charter, HarborOne is not as profitable as hoped.
The $573M California credit union switching to Symitar's Epsys core system from Fiserv's Acumen.
It's tempting to attempt to predict how many credit unions might try to jump to a bank charter in 2013. But that is hard to say. It's easier to observe some trends that came to the fore in 2012 and are likely to continue next year.
Any major operational change at a credit union, such as a move, merger or core system conversion, can cause an influx of member service requests and potentially a call center nightmare.