Two credit unions in Massachusetts and Ohio have committed to outsourcing their core processing through credit union-owned service bureaus running the Symitar core processing platform.

Synergent Corp., a subsidiary of the Maine Credit Union League, has signed the $133 million St. Jean’s CU of Lynn, Mass., founded in 1910 and now the nation’s second-oldest credit union. St. Jean’s also will use Synergent’s item and card processing services, the company and credit union said.

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Peter Westerman

 

Credit Union Times

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