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.
Rhode Island credit union first billion-dollar client to commit since Open Solutions sold to Fiserv in January.
This second part of a two-part series on core processor competition is a preview from next week's print edition of Credit Union Times.
Fiserv and Symitar dominate the discussions around credit union core systems, but the fact is that many suppliers toil in the core system trenches. And at least some of them are gaining notice, winning fans and even attempting to chart new directions for what cores might look like in a...