Orion Federal Credit Union in Memphis, Tenn., has become the largest client running the KeyStone core processing platform from Corelation Inc. after a Labor Day weekend conversion.
COCC said the $381 million, 75,000-member People’s Credit Union of Middletown, R.I., plans to convert to a new core processing platform from the Avon, Conn., service bureau.
Memphis credit union switchover largest yet for San Diego-based core processing company.
Core processing platform replacements among credit unions and banks alike should continue a slight uptick in the next few years, according to the Aite Group.
North Carolina credit union to deploy core platform from Tennessee CUSO.
Rhode Island institution making move to Connecticut-based service bureau for core processing.
Jack Henry & Associates division says new signees split evenly between in-house, outsourced deployments.
The $71 million Duluth credit union plans to convert to the NewSolutions core processing system from Share One of Memphis, Tenn., in October.
Two Kansas credit unions will be converting to the Sharetec Systems core processing platform through Data Systems of Texas, the company said.
Virginia credit union opting for in-house solution, citing security concerns as CIA SEG.