Fiserv pushes back against Symitar claims of market share momentum.
Critics say the NCUA's proposal to allow credit unions to bundle and sell their loans reveals a lack of secondary market expertise.
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.