BAKERSFIELD, Calif. — Espeeco Federal Credit Union said it is converting to the NewSolutions core processing platform from Share One.
The new system is expected to go live on Dec. 1, the company and credit union said. The $10.4 million credit union cited the ability to easily comply with OFAC identity requirements and to provide streamlined home banking to members as factors in its decision to commit to the ShareOne solution.
Espeeco FCU (www.espeeco.org) currently is using a core processing solution from Fiserv Summit, according to the credit union's 5300 Call Report.
Memphis-based Share One (www.shareone.com) is a CUSO that provides core processing services to more than 40 credit unions.
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