SAN DIEGO – Credit union core processing vendor Corelation, Inc., on Friday said it has signed its 50th credit union to convert to its KeyStone core: $111 million Lone Star CU, Dallas.
Coincidentally, when Lone Star CU officially converts to KeyStone in June 2017, it will be the credit union's 50th year of business. Lone Star serves 11,362 members.
According to Lone Star's COO/CTO Becky Reed, she and her team plan to offer products that are specific to the needs of the credit union's members. "Not everyone needs or wants the same type of checking account, for example," she said in a statement. "We pride ourselves on being solution providers – not order takers. So, KeyStone will give us the opportunity to provide options that cater to how our members want to do business – whether it is in a branch, online, or on their phone or tablet."
Reed said Corelation's new technology means her credit union will be more efficient, with the KeyStone platform removing many current manual processes that are painstakingly performed today. This enhanced efficiency will allow Lone Star to spend more time focusing on serving its members, she added.
The credit union said its decision to go with Corelation stemmed from its inability to meet the changing needs of its membership with its existing core system, citing more flexibility and greater customization options as key features.
