Symitar Signs 28 for Core Processing
Twenty-eight new credit union core processing clients were signed by the Symitar division of Jack Henry & Associates in the fiscal year that ended June 30, the Monett, Mo., company said.
Twenty-four of those credit unions chose the flagship Episys platform and half of them chose to run it through a service bureau. Three of the four credit unions that chose the Cruise platform for smaller credit unions also chose to outsource the deployment, the company said.
Three of the new clients are billion-dollar credit unions and San Diego-based Symitar now serves more than 35% of that market, the company said.
Symitar now has more than 750 credit union clients, Jack Henry & Associates said.