The $18 million Bensenville Community Credit Union in suburbanChicago is now running on the Sharetec core processing system fromBradford-Scott Data Corp., the company and credit unionsaid.

The 2,500-member credit union had been running on an OpenSolutions Inc. platform, according to the Technology Survey atCallahan & Associates.

Roger Peters, CEO of Bensenville Community Credit Union, said,“One of the key parts of our new system is the ability to gototally paperless – receipts, loan docs, and other miscellaneousdocuments. For share and loan documents, the members sign thepaper on the tablet, and then walk out with their copy, and we haveour copy stored electronically.”

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.