R.C. Olmstead said it has signed long-term renewal contracts with 27 of its core processing clients in the past 12 months, about one-fourth of its total client list.
Twenty of the renewals were with Ohio credit unions, with two in West Virginia and one each in Indiana, Kansas, Colorado, Maryland and Michigan. The company provides core processing and related services to about 115 credit unions.
"As we plan our next 30 years, I can assure you we won't do it alone," said R.C. Olmstead President Steve Kambeitz. "We want clients to be more invested than ever in selecting the features we offer, the third-party partners we bring on board, and the enhancements that become part of our version updates," he said.
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The Dublin, Ohio-based data processor celebrated its 30th anniversary in 2008.
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