Designing the future: Edwards Federal Credit Union signs with Corelation, Inc.
SAN DIEGO, CA (August 11, 2020) — One of the biggest challenges businesses face today is change. As the need for advancements in technology, products, and services evolve, adaptability is imperative for sustainability and long-term success. For credit unions, operating on an innovative core processing platform is the first requirement in being responsive and able to quickly meet current and future membership demands.
After a thorough review of different core solutions, Edwards Federal Credit Union ($216 million assets; 12,475 members; Lancaster, CA) signed with Corelation to strategically position itself for the future.
“We chose Corelation because they are a tier-one provider with a cutting-edge product, KeyStone. This partnership will allow us to offer unique and complex financial solutions to our members,” explained President/CEO Roy MacKinnon. “Edwards Federal Credit Union was founded in 1962 to serve the men and women stationed at Edwards Air Force Base and we have since expanded our eligibility criteria to all who work, live, worship or attend school in the greater Antelope Valley. Expanding our financial solutions is of the utmost importance to better serve our mobile membership.”
Edwards Federal Credit Union is well underway in its conversion project and is scheduled to convert in December 2020.
“Interactions and discussions with the entire organization [Corelation] have been transparent, collaborative and productive,” described MacKinnon. “From the executive team to the project team, all have displayed professionalism and a dedication to client service. We are forever grateful to partner with a company [Corelation] composed of talented individuals with a wealth of experience in the credit union industry.”
“Our success depends on our unparalleled client service and our continued collaboration with our credit union and vendor partners,” remarked Corelation Chief Revenue Officer Tim Maron. “We are committed to offering next generation technology so our clients can easily adapt to the evolving needs of their members. Welcome, Edwards Federal Credit Union, to our community where we cultivate and encourage cooperative and positive relationships.”
Roy MacKinnon
About Corelation Inc.
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.
About Edwards Federal Credit Union
Founded in 1962 to serve both Air Force service personnel and civilian military on base, today Edwards Federal Credit Union serves the entire population of more than 300,000 individuals living in the Antelope Valley in northern Los Angeles County. They are the only financial institution that was founded and is still headquartered in the Valley. In addition to eagerly anticipating their new core solution, Edwards FCU plans to open a ground up new 14,000 square foot headquarters/main branch location by the end of 2020.
