From Fiserv Portico to Sharetec for small Indiana credit union.
Utah core processor wins business of $103 million Atlantic City FCU.
The $39 million First Connecticut Credit Union in Wallingford, Conn., has converted to the FLEX core processing system.
Two more credit unions say they have committed to new platforms: Workers’ CU in Fitchburg, Mass., and First General CU in Muskegon, Mich.
Springfield, Ill., credit union currently running on FIS Mercury core platfom, Callahan survey says.
Carson City credit union is fourth to commit to processing platform.
Do you want to know a secret? Roughly three in 10 small credit unions do not maintain their core systems in-house, instead using “hosted” or “service bureau” solutions where the core is in fact maintained off-premises by a third-party vendor.
This preview from next week's print edition continues tech writer Robert McGarvey's look at the changing core processing industry for credit unions.
Salt Lake City online banking provider claims Tennessee credit union as its 18th client.
Fiserv and Symitar dominate the discussions around credit union core systems, but many smaller providers are nipping at the heels of the core giants.