GLASTONBURY, Conn. – Pittsfield, Mass.-based Greylock Federal Credit Union, with $848 million in assets, 11 branches and approximately 61,000 members, has selected Open Solutions Inc.'s The Complete Credit Union Solution for core processing.
This is actually a migration, not a conversion, in Open Solutions' eyes. Greylock was previously on a system from RDS, a firm which Open Solutions acquired. A number of RDS CU clients have migrated over to the Open Solutions platform.
"This type of open system offers added flexibility that will allow us to offer more advanced products and services to our members. It will help us to better compete in an ever changing marketplace. Open Solutions truly has a superior technology," said Kent Hudson, SVP of Greylock.
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"Over the past year, we've seen an increased number of former RDS clients adopting our open technology. We believe these credit unions are sensing the winds of change and are making the move to an open, flexible solution that will grow with them," said Gary Daniel, senior vice president and general manager of Open Solutions Credit Union Group.
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