X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Credit unions running on FIS core platforms average $863.2 million in assets and 2.85% in operating expenses/average assets, which is considered a key efficiency measure. Meanwhile, credit unions on the FedComp platform average $5.1 million in size and have a very similar operating expense ratio. Source: Callahan & Associates

Choosing the right core processor is critical to the success of credit unions large and small, whether they choose a single provider for all their processing and delivery needs, or select multiple vendors to fit different needs.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.