Core processor Corelation, San Diego, said USE CU, also in San Diego, will convert to Corelation’s KeyStone core processing solution.
According to Corelation, KeyStone is a member-centric technology that helps automate member data recording, processing and communication that is expected to offer "advanced insight into member relationships" to the $775 million-asset, USE and its nearly 43,460 members. It marks “a monumental event in USE Credit Union’s history," as it strives to achieve its strategic goals, said Jim Harris, president and chief executive officer of USE said in a press release Wednesday. KeyStone’s flexibility and open architecture will help improve member engagement, increase efficiencies and support USE's omni-channel, which connects people and systems, he said.
The move responded to both demand for always-available “easy-to-do-business-with” systems with extended functionality from both members and USE employees, Harris explained. USE expects to complete the conversion by the fourth quarter of 2015.
So far, Corelation said, it has signed 29 contracts with credit unions, 13 of which already are live on KeyStone. Corelation's president Theresa Benavidez said in a company release that the firm’s current evolving customization of processes will not only benefit USE and its members “but current and future KeyStone credit unions, as well.”
