Two more credit unions have signed on as users of the OASys core processing platform from CUtopia, according to the division of Worldwide Interactive Services LLC in Orlando, Fla.
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.
CU*Answers said it has finished converting the $43 million, 5,800-member Greensboro Municipal Federal Credit Union to its CU*BASE core processing system.
Symitar said it will be converting the $886 million Andrews Federal Credit Union in Suitland, Md., to its core processing platform.
Share One said the $71 million Northern Communities Credit Union of Duluth, Minn., plans to convert to its NewSolutions core processing system in October.
Credit unions have a wealth of insightful information trapped inside their core and technology platforms. This has always been the case, but until recently, comprehensive views of the data were not readily available. Today, decision makers have access to tools that analyze data from disparate sources and provide summaries across...
CUSOs are the secret weapon of the credit union industry. That was a phrase that we used with our board of directors when we last updated them on the eight CUSOs that we own.