BATON ROUGE, La. – Southern Teacher & Parents Federal Credit Union is now doing its core processing on the XP2 platform through the service bureau of Credit Union On-Line Inc. (www.cuol.com) in Waltham, Mass.
The $32 million CU (www.stpfcu.org) had been an in-house client of XP Systems, a Fiserv Inc. business unit. CUOL serves about 30 credit unions as the only data center provider of the XP2 platform, the company said.
The 9,200-member credit union's research included talking to neighboring L.E.S. FCU, a CUOL client that maintained operations during the week-long power loss that followed Hurricane Gustav this summer, the credit union said.
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