MONETT, Mo. — The 500th client to sign up to use Episys is a big one, Symitar says.
Technology Credit Union, at $1.3 billion in assets and 76,000 members, will be running the platform in-house. The CU currently is an IntegraSys client, according to the NCUA Web site.
"The addition of Technology Credit Union to our client roster is an important milestone for our company," says Kathy Hooker Burress, Symitar president. "Our first client is still a satisfied Episys user and only four credit unions have elected to move from Episys in the 22-year history of our company."
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San Jose, Calif.-based Technology CU, which serves the high-tech workforce of the Silicon Valley, cited the Episys platform's functionality and connectivity through Symitar's SymConnect middleware that will allow the credit union to integrate applications it develops in-house.
"A variety of factors ultimately supported our Episys decision, including the system's demonstrable openness, flexibility, and extensive customization opportunities. Symitar's dominance with credit unions similar to ours in asset size also played an important role in our decision," says Ken Burns, Technology CU's CEO.
Jack Prim, CEO of Jack Henry & Associates, called the signing a company milestone.
"During the seven years since the acquisition, Symitar has more than doubled its market presence, adding 263 credit unions to its Episys user base. We believe Symitar is strategically positioned to maintain its industry leadership with a strict focus on product and service quality," he says.
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