PLANO, Texas -Aurum Technology announced that the $550 million Harborstone Credit Union of Tacoma, Washington will use its suite of core processing capabilities to try and expand into the small business banking market. The third-largest credit union in the state of Washington – with more than $550 million in assets and 50,000 members – Harborstone is looking to move deeper into business services. The initial launch of Harborstone’s business banking capabilities is scheduled for October of 2003. “Time to market was a key issue for us,” said Rick Schmidtke, president and CEO of Harborstone Credit Union. “But more important was our ability to deliver the precise capabilities identified in our business plan that would ultimately meet the needs of our members, regardless whether those needs are consumer or commercial in nature,” he said.

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