SAN DIEGO, CA (January 28, 2016) — Approaching seven years since its inception, credit union core processing vendor, Corelation, Inc., further proves it is on its way to becoming the go-to platform of the future on which credit unions of all sizes and situations can comfortably stand. In no way is this more apparent than the amazing conversions that were completed in 2015. It’s not just the fact that the number of conversions increased again this year to a total of nine, but the fact that, within the same year, Corelation converted its smallest and largest clients to date in terms of asset size at $2.8 Million and $3.8 Billion. “Our system is scalable enough to target the credit union market as whole rather than specific asset sizes,” says Corelation President, Theresa Benavidez.
In addition to converting nine credit unions to the KeyStone core, Corelation’s Sales Team expanded the breadth of their experience in the industry and added a new member to the team with a great deal of industry experience in Bill Hopkins. The combined efforts of Corelation’s Sales Team lead to the forging of new partnerships as nine new credit unions signed on to be converted to the KeyStone core. In addition, there are another 20 deals in negotiation with credit unions that Corelation hopes to welcome as family as well.
The growing buzz has led to a great deal of attention and Corelation is more than happy to play host to that attention. Their 2015 Client Conference, held in May at the Omni in San Diego’s Gaslamp District, saw the attendance of both credit unions and attendees double since the conference held in 2014. In addition, 10 additional vendors provided their support and presence at the event.
Of course, none of these things could happen without help. Corelation’s success has come as a result of the hard work put in by an ever-growing team. At just over 70 members on staff, the Corelation team benefits from talents ranging from well-seasoned programmers to innovative and fresh developers, as well as an array of talent pulled from all areas related to financial services. This ever-growing team has also created the need for a new and more permanent home. By Spring 2016, Corelation will have relocated and set up shop in their efficiently modern new headquarters in the heart of San Diego’s beautiful Liberty Station. With a wonderful view of San Diego Bay, the new facility can serve as a home for up to 200 employees.
“We are excited to see our family of credit unions and the employees to serve them grow,” says Benavidez. “We are officially working on the growth side of business and considering the conversions we already have scheduled, as well as the interest and discussions that rounded out 2015, we are anticipate an even bigger 2016.”
Based in San Diego, CA, Corelation is the innovative core processor for today’s credit union. This solution is a person-centric system that empowers credit unions to offer the best member service possible, enhancing their value for member attraction and retention. In terms of industry experience, Corelation’s staff has dedicated their careers to creating core systems and providing unparalleled client service. For more information, visit www.corelationinc.com.
Mike Lawson
michael@dmlcommunications.com
760.845.8146
