Credit union core processing vendor Corelation joined Dallas-based Lone Star CU to mark a pair of milestones: Correlation performed its 50th conversion as Lone Star CU celebrated its 50th anniversary.
Corelation installed its KeyStone system at the $121 million institution in early June.
“We are very humbled by the fact that our members have placed their trust in us for 50 years,” Lone Star COO/CIO Becky Reed said in a statement. “And we are excited to be able to repay that trust by providing them with the latest technology.”
Theresa Benavidez, Corelation’s president and CEO, stated: “We are honored that Lone Star chose to celebrate by converting.”
Reed added that Corelation personnel were on site to help Lone Star employees with any issues that might arise. In addition, she said, Lone Star’s accounting team has realized some “significant efficiencies,” as has the teller line.
Lone Star said it expects to use Keystone’s abilities to offer more customized financial options to its members, and also roll out a suite of small business services and a “robust” member relationship and rewards program.
“We chose Corelation because we felt their accessible and amiable culture would result in receiving more personal, individualized attention – and this has been most certainly true,” Reed observed.
