Core conversions

At just $20 million in assets, County Credit Union is tiny, but its CEO says a new core system will position it for significant growth.

The Pittsburgh-based credit union has selected the OnCore DataSafe platform.

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.

The $70 million-asset credit union is scheduled for conversion by the end of this year.

The $86 million-asset credit union often had to rely on paper-based, manual proceses prior to the conversion.

The Ontario-based CU will use Fiserv’s DNA platform to automate workflows.

CU in the heart of California’s Silicon Valley will change its core system this summer.

The Hawaii-based credit union hopes to improve member experience and streamline operations as a result of the conversion.

The Arizona-based credit union comapred its new core system to having in-house programmers, but cheaper.

The core processing provider reports it now has 56 credit unions live on its KeyStone platform.

The credit union service organization will host the Symitar Episys core platform and provide IT solutions for the four CUs.