Wescom Resources Group said record core product sales helped drive revenue in 2011 to $9.39 million while maintaining an average annual growth of 25% through the 10-year history of the tech CUSO of Wescom Credit Union.
Three credit unions went live in 2011 on the KeyStone core processing system from Corelation Inc., the San Diego startup said.
Corelation Inc. has partnered with Wescom Resources Group and PSCU Financial Services to provide those CUSOs’ services to the new core processor's credit union clients.
Core processing startup Corelation Inc. ended the year with its first three credit union customers running live on its new KeyStone system.
Core processing specialist Corelation Inc. has signed its fifth and by far largest credit union client. The $535 million Orion FCU in Memphis, Tenn., is larger than the San Diego startup’s first four clients combined.
A fourth credit union has committed to the KeyStone core processing platform from Corelation Inc., the company said.
Fresh off a name change, the $535 million Orion Federal Credit Union in Memphis, Tenn., also is converting its core processing to a new vendor.
Startup core processor signs Prospectors FCU in Diamond Bar, Calif.
Having failed at retirement, John Landis figured he might as well engage again in what he calls the “intellectual challenge” of creating, selling and supporting a new core processing system for credit unions.
After six years of development, Corelation Inc. of San Diego has a credit union customer live on its new KeyStone core processing platform.