The Local Credit Union ($100M in assets, 9,000 members) located in Sterling Heights, Mich., has become the latest credit union to choose Mahalo to provide its members with a modern, secure digital banking experience. The Local CU is Mahalo’s first client running Corelation’s KeyStone platform for core processing. This adds to Mahalo’s existing Symitar Episys client base.
“Mahalo is cutting edge,” said The Local’s CEO Joe Hallman. “There are no extra layers or older software, which means we’ll have a stable digital environment for years to come.” Acknowledging that technology has become a competitive differentiator in financial services, he added, “We know that our members have accounts at other institutions. We can’t afford to have their technology services at other institutions exceed our own.”
“Our focus at Mahalo is simple: to make our solution the best in the industry,” said Mahalo CEO Alan Augustine. “The best user experience, the best feature set, the best core integration. If we do that, we’ll fulfill our commitment to keeping credit unions relevant in today’s roller coaster financial services marketplace.”
Mahalo’s open, API-driven architecture allows credit unions to remain nimble, enabling easy deployment of new digital products and services as they become available. It provides a modern, feature-rich user experience that rivals the digital offerings of the largest banks. The company has intentionally priced its products to be competitive for any size institution.