WILMINGTON, Mass. – Touchstone Federal Credit Union plans to convert to the NewSolutions core processing solution from Share One Inc. in July 2009, the company and credit union said.

The $18 million credit union currently is running on a re:Member Data Services/Open Solutions Inc. platform, according to the CU's 5300 Call Report at the NCUA.

Vendor service, cost, ease of third-party interfacing, desktop access to reports and streamlining service to members were cited by the credit union as reasons for the switch.

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Memphis-based Share One (www.shareone.com) is a CUSO that now serves more than 60 credit unions.

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