More than $1.6 million has been invested since November to upgrade the Wescom Resources Group service bureau for credit unions running the Symitar Episys core platform, the company said.
Wescom Resources Group said it has invested more than $1.6 million in its service bureau for credit unions running the Symitar Episys core platform.
Credit unions in Alaska and Georgia are the newest customers for Corelation Inc. and its new KeyStone core processing platform.
ALPS FCU in Sitka, Alaska, and Georgia Heritage FCU in Savannah making move to Corelation's KeyStone core processing system.
Record sales of its core products in 2011 helped Wescom Resources Group take in $939 million and maintain average annual growth of 25% through its 10-year history.
Jeff Johnson has spent the past 15 years helping his credit union and the industry itself compete in the fast-changing world of delivery of financial services.
Jack Henry & Associates said it has moved 16 credit unions running its Symitar core platform in-house to the company’s service bureau offering in the past 18 months.
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.
Sixteen credit unions have moved their Symitar core processing operations from in-house to outsourcing through the company’s service bureau offering in the past 18 months.