Fiber optic connected to core network Source: asharkyu/Shutterstock

Editor’s note: Direct Federal Credit Union is a one-branch, $750 million, credit union located in Needham, Mass. It is undergoing its first core conversion since 1984 and has partnered with CU Times to document its journey until the new core is anticipated go live in 2021. Contributing authors will be members of the project team and each article will tell a story from a different point of view. Follow along at cutimes.com/instantinsights.

The year is 1984. The hit film “Ghostbusters” is in cinemas and a gallon of gasoline is only $1.10. It’s also the year that Direct Federal Credit Union did its previous core conversion. That’s right, Direct has been on Fiserv (formerly Summit) Spectrum for over 35 years. Lucky for us, we’ve had the same core administrator, Ned, for all that time. Ned’s specialty is making a core from 1984 do things that weren’t even dreamed of back then.

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