CU*South Core Conversions
Six credit unions in the past 12 months have converted to the CU*Base core processing platform through CU*South, the Fairhope, Ala., CUSO said.
They are the $136 million Taunton Federal CU in Taunton, Mass.; the $27 million MUNA Federal CU in Meridian, Miss.; the $8.7 million Elizabeth NJ Firemen’s FCU in Elizabeth, N.J. the $5.9 million Birmingham Police CU in Birmingham, Ala.; the $8 million St. Joseph Broadmoor FCU in Shreveport, La.; and Glove Workers FCU, now merged into the $13.6 million First Neshoba FCU, in Philadelphia, Miss.
“With each conversion, we identified immediate benefits to the member,” said Leo Vaulin, CEO of CU*South. “In some cases, it was mobile and text banking, or a better membership reward program. In other cases, it was 24x7 loan approval or more self-service options through our online banking platform.”
CU*South is part of the CU*Asterisk network that provides core processing to more than 200 credit unions on the CU*Base platform from CU*Answers in Grand Rapids, Mich.