After adding 44 new clients in the last year, Symitar says it has more $50M and up credit union clients than Fiserv.
The increase in loan volume results in two consecutive quarters of total revenue growth, the industry's best numbers in five years.
CU Times promotes Focus Report editor/senior staff reporter to managing editor post.
The $36 million Rimrock Credit Union in Billings, Mont., will convert to the Sharetec core processing system through Bradford-Scott Data Corp. in Indianapolis, the company and credit union said.
Despite daily announcements of credit unions converting to new core processors, some say long-term core relationships are best.
The $36M Montana credit union leaves Member Driven Technologies.
The $554M University of Hawaii FCU will convert to KeyStone from UltraData.
The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.
The Michigan-based vendor holds steady at 225 credit unions running its CU*BASE core system.
A five-year-old San Diego core processor has now passed the 25 mark in credit union clients while another San Diego-based operation has converted the largest user to date for its platform aimed at smaller credit unions.