The $75 million Iron Mountain-Kingsford Community FCU in IronMountain, Mich., will become the fifth credit union in the UpperPeninsula to run the Sharetec core processing system fromBradford-Scott Data Corp., the company said.

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The 13,500-member IMKCFCU will also deploy mobile banking,paperless workflow with loan and teller signature pads and theSegminttargeted marketing solution, the company and credit union said.

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“Selecting a new core system is a big decision but after seeingthe Sharetec System, I felt the functionality was something ourcredit union would benefit from daily. I was particularlysurprised with Sharetec's non-interest income opportunities,” saidBrad Swee, president of IMKCFCU.

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IMKCFU currently runs on the UltraData platform from HarlandFinancial Solutions, according to the Callahan & AssociatesTechnology Survey.

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The Sharetec system is now in use at more than 300 credit unions, according to Indianapolis-based Bradford-Scott,one of its regional distributor/owners.

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