Greater Wyoming Federal Credit Union in Casper, Wyo., has converted to Fiserv's Portico software-as-a-service core account processing platform.
The $23 million-asset credit union will also utilize integrated digital banking solutions from Fiserv and has extended an existing partnership with the vendor for credit and debit processing. Moving to Fiserv for core processing, the two organizaitons said in a statement, will “enable greater integration between the credit union’s account processing platform and their debit and credit card programs, resulting in “operational efficiencies” and a “better member experience.”
The Portico suite includes online and mobile banking, lending automation, accounting, asset liability and call report management, and e-statements.
“The availability of integrated digital banking capabilities was a significant factor in our decision to move to Fiserv,” Elizabeth Stetz, president and CEO of Greater Wyoming FCU, said in a statement. “We want to provide a robust digital banking experience to our members, many of whom live far from a branch, yet we also need solutions that are easy for our staff to manage. The flexible nature of Portico and the ready integration of cards, online and mobile banking fit the bill for us.”
Ryon Packer, senior vice president, products, Credit Union Solutions, Fiserv, commented that technology is a “critical component” of the credit union experience for members and staff, and that Fiserv is “committed to partnering” with Greater Wyoming FCU to “help them leverage technology to meet their goals for growth, efficiency and service excellence.”
According to its call reports, Greater Wyoming incurred a net loss of about $122,000 in 2016, after posting net income of $2,450 in the prior year.
