The $57 million, 8,600-member Ascension Credit Union in Gonzales, La., plans to convert its core processing this year to the iPower platform from EPL Inc. of Birmingham, Ala., the CUSO and credit union said.
Four credit unions with combined assets of nearly $1B will convert to the account processing platform.
Former EVP Patterson will replace Jon Jeffreys, who was named a managing partner at Callahan & Associates and will remain on the CUSO's board.
$57 million Louisiana credit union will outsource daily operations to CUSO EPL and gain shared branching and mobile banking services.
Utah CUSO says conversion calendar now full into 2015.
Core processing CUSO also adds Minnesota startup credit union as a new client.
Two big acquisitions topped the news in the core processing for credit unions arena.
The NCUA's estimated 2014 corporate assessment range of zero marked the end of a costly era for federally insured credit unions.
The NCUA's estimated 2014 corporate assessment range of zero marks end of costly bailout.
Fiserv gets Open Solutions, Canadian firm gets Harland and UltraData.