Core conversions

The Virginia-based CU cited the need for greater automation to continue its growth.

Credit unions undergoing core conversions may stick with third-party vendors for certain services, but in some cases that can cause more harm than good.

The $1.5 billion-asset credit union has agreed to convert to Corelation, Inc.'s KeyStone core system in late spring of 2019.

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way.

The Minnesota-based credit union said its current system was not keeping up with the marketplace.

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Many banks talk about the need to replace legacy core systems, but relatively few go through with it. The CEO of Mechanics Cooperative Bank in Massachusetts explains the case he made to his board that the promise outweighed the risk.

The small Illinois-based credit union credited better disaster-prevention strategies as one reason for the core conversion.

Users cite ease of use, ability to offer advanced products, services.

Latrobe Area Hospital Federal Credit Union chose the new provider to improve its member-facing technology, and save both time and money.