California Lithuanian Credit Union selects Share One for new core provider

MEMPHIS, TN (May 31, 2017) — California Lithuanian Credit Union of Santa Monica, CA, signed a contract with Share One to install NewSolutions as their new core processing software.   Dainius Vaidila, CEO, of the $115 M asset CLCU, selected a conversion date of October 2017.  CLCU will represent the 12th member of the SCCUA group which selected Share One as their vendor of choice and also represents number 21 of Share One’s overall clients located in CA.

Dainius Vaidila said, “We were looking for a core solution which delivers a smooth member experience and a better level of response to our requests for help. We considered several other core providers and their options, but ultimately NewSolutions provided the best overall value for our needs.” he said.  “We are currently lacking an efficient workflow for our services, so our staff is excited to get the chance to complete a transaction without logging on to another third-party vendor in a separate software,” said Vaidila.  “We have members that are geographically distant so the digital services, NSHome and NSMobile, offer our members the seamless, fast, and leading-edge technology which allows us to compete with the big banks,” he said.

“We are very fortunate to gain California Lithuanian Credit Union as our client,” said Jose Garcia, Senior Sales Representative of Share One, Inc.  “We are committed to the collaborative approach that pervades the SCCUA group’s ideology, and specifically, we are excited to get to know the individuals at CLCU and welcome them into the Share One family,” he said.

About Share One, Inc.

Share One, Inc., a CUSO operating out of Memphis, TN., is a leading developer of credit union core processing and serves an expanding client base of credit unions with assets ranging from $10 million to $2.1 billion. NewSolutions provides a full range of advanced features, including comprehensive support for consumer, mortgage, and commercial loans, a full suite of cloud-based products, a fully integrated, member-centric imaging system, and exceptional operational efficiency. For more information, call 800-888-0766 or visit the company web site at


Joan Nieman
800-888-0766 x 1180 |

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