West Virginia FCU to convert to Sharetec core processor in 2019

West Virginia Federal Credit Union will convert its core processing system to Sharetec next year, with the expectation full implementation by the end of Q2.

In a press release from Sharetec, the credit union said its primary goal in the conversion was to increase automation of its business processes in order to cut down on “busy work” for its 33 employees. By enhancing automation, the South Charleston, W.V.-based credit union hopes to further enhance its focus on membership.

“After our extensive review of the many core provider options available, it was clear to us that Sharetec was our best choice to meet our objectives through optimized workflows, improved integration with third-party vendors, increased self-service capabilities for our members, data intelligence capabilities, paperless document management and more,” said Nick Arvon, CEO of the $126 million-asset credit union.

Dan Miller, Sharetec VP, said the new system should hopefully enable the credit union to continue to grow without adding additional staff.

West Virginia FCU's decision to adopt the Sharetec platform places it among other credit unions that recently signed with the Minnesota-based company, including Energy People FCU and Eddy Federal Credit Union who both selected Sharetec in November.

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Core conversions Core systems Infrastructure Growth strategies Vendor management
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