The $78 million Ithaca, N.Y., credit union to convert to Symitar through the service bureau at Synergent Technology Services of Portland, Maine.
Multimedia ventures include television, radio, newspaper and online outreach.
The $112 million Maine Family Federal Credit Union has deployed mobile banking and digital marketing technologies through its core processor, Northern Data Systems.
When asked how he sees the state of business services and lending among credit unions, Larry Middleman teeters on optimism and concern.
Ask Michael Bittle, CEO of the Vanderbilt University Credit Union, where his $25 million Nashville, Tenn.-based institution would be without its corporate credit union and he softly chuckles.
LT to replace ACH services now coming from U.S. Central Bridge.
Synergent Technology Services said it will be converting the $69 million Katahdin FCU in Millinocket, Maine, to the Symitar Episys core processing platform through its service bureau.
Now there are two large credit unions, the $1.8 billion HarborOne Credit Union of Brockton, Mass., and the $1.5 billion Technology CU of San Jose, Calif., making plans to convert to mutual bank charters.
One conversion specialist said he sees more ready to make the switch.
Many worried credit union eyes now are on July 1, the date when the NCUA has said it will bump up ACH fees for U.S. Central Bridge customers by 80%. That looming price hike has triggered a quick rush to the exits as corporates and their members race for alternatives.