Core conversions

Banks have resisted the need to switch their core systems, but how long can a financial institution continue to operate on a foundation of dust?

The Delaware-based credit union will also implement other Symitar products for data analytics and forecasting.

The credit union said the conversion is part of its "members first" approach.

All six institutions have assets of $1 billion or more.

The $72 million-asset credit union plans to add an affinity debit card program, relationship-based patronage and other benefits in order to boost membership growth.

Credit union will switch May 1, becoming the 20th Share One client in California.

In our recent Community Bank Tech Projects series, we looked at the way a handful of banks chose to invest their precious resources over the last year. Here is a roundup of those projects.

Bank3 started as a $12 million-asset institution with a single branch, no online banking and a core system that was obsolete. Now it's much more.

OAS Staff FCU is one of a slew of CUs to sign new deals or renewals with EPL.

VA Desert Pacific FCU and East Idaho CU select outsourced delivery model of Episys core processing platform.

The credit union completed the conversion at the end of February.

Brazosport Teachers selected the core processing platform as a way to increase efficiencies and improve members' experience with the credit union.

Fearful banks hesitate on core conversions they need. But what's more risky? Keeping legacy technology? Or finally replacing it?

The Dorchester, Mass.-based CU liked COCC’s robust functionality.

The Massachusetts-based CU liked COCC’s cooperative business model.

As its name implies, First Oklahoma is the oldest CU in the Sooner State.