More CUs 'Cruising' With Symitar Systems

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Symitar, Inc., a wholly owned subsidiary of Jack Henry & Associates, Inc. that provides credit unions with software systems and related services, said that during December 2004 its Cruise platform was selected by five credit unions. These latest additions to Cruise's client roster include two credit unions and one independent funding organization that will install the system in-house, and three credit unions that have outsourced their processing to Symitar, the company said. The credit unions installing Cruise in-house include Tennessee-based Holston Methodist FCU, Idaho-based St. Alphonsus Medical CU, and Michigan-based The Free Methodist Loan Fund.

The credit unions outsourcing their processing to Symitar include Tennessee-based Southern Credit Union and Michigan-based Great Lakes First FCU.

More than 190 credit unions are now running Symitar's Cruise system.

Meanwhile, Symitar reported that Alabama-based AOD (Army Ordinance Depot) FCU has selected the Episys platform to provide enterprise-wide automation. The $145-million federal credit union will install Episys in-house. Jack Henry's recent acquisition of TWS Systems, Inc., a provider of image-based item processing solutions for credit unions, helped influence this credit union's decision, according to the company.

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