Responding to credit union client requests, core processors are launching apps and products for small credit unions that are streamlining operations.
Michigan CUSO is service bureau for Symitar Episys core platform users.
Three more credit unions are now running on the Symitar Episys core processing platform through Member Driven Technologies’ data centers in Warren and Southfield, Mich.
Symitar said it will be converting the $886 million Andrews Federal Credit Union in Suitland, Md., to its core processing platform.
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The $886 million Andrews Federal Credit Union in Suitland, Md., converting to Symitar Episys core processing platform and running it in-house.
More than 100 of Symitar’s 750 or so credit union clients are now processing on hosted versions of its Episys and Cruise platforms through the core processor’s OutLink Data Center operation, the company said.
Third-party integration and increased efficiencies were cited in the decision by the $1.8 billion Summit Credit Union in Madison, Wis., to convert to the Symitar core processing platform from Jack Henry & Associates, the company and credit union said.
Symitar says more than 100 credit unions now on hosted versions of its Episys and Cruise platforms through the core processor’s data centers.
More than $1.6 million has been invested since November to upgrade the Wescom Resources Group service bureau for credit unions running the Symitar Episys core platform, the company said.