Four credit unions select Mahalo
CHELSEA, MI (July 9, 2020) — Mahalo Technologies, an advanced digital banking provider for credit unions, announced it has signed four new credit union client-partners. They range in size from $1 billion in assets to $73 million, and three of the four use Symitar cores.
The credit unions include:
- Santa Rosa County FCU in Milton, Fla. ($146M)
- Pasadena FCU in Pasadena, CA ($183M)
- Superior Credit Union in Lima, Ohio ($1B)
- Allied Healthcare FCU in Long Beach, Calif. ($73M)
“Mahalo maintains proud strategic partnerships with two open architecture cores, Symitar and Corelation, and many of our client partners run on those systems,” said Denny Howell, Mahalo’s Chief Experience Officer. “But we also have several credit unions on Prodigy, as well as other cores. The Mahalo platform was built specifically to harness the power of credit union core systems, elevating the member experience by presenting data more intuitively and supporting advanced account management features.”
Pasadena FCU Chief Risk Officer Mario Rodriguez agreed, saying it was Mahalo’s full integration with the Corelation core that gave it the edge over other vendors. Rodriguez recalled attending Corelation’s 2019 user’s conference with a goal to find the optimal digital banking solution for the core.
“I must say, Denny’s ‘slightly bright’ yellow pants caught our attention, but his demo kept it,” he said. “As we went through our vendor presentations, Mahalo’s platform held its own.”
In particular, Rodriguez said the credit union anticipates making good use of Mahalo’s support module, where most member assistance can be directly processed.
“Credit unions have doubled down on digital to provide members with safe account access,” said Mahalo President and CEO Alan Augustine. “Given the recent increased adoption of digital banking, we’re proud to offer a solution that has proven integration success – it’s one less thing for overwhelmed credit union executives to worry about, which is priceless these days.”
By year end, 16 credit unions will be live on the Mahalo digital banking platform. The $193 million Members Choice of Central Texas Credit Union in Waco, Texas, the $500 million Dover FCU in Dove, DE, the $160 million Blue Eagle Credit Union, and the $42 million Texas Plains FCU in Amarillo, Texas, all went live earlier this year. Texas Plains converted to Mahalo virtually during the height of the coronavirus pandemic, with no Mahalo employees onsite for the event.
In addition, the following credit unions will also convert to Mahalo in 2020:
- Columbine FCU in Centennial, Colo. ($59M)
- Central Credit Union of Florida in Pensacola, Fla. ($177M)
- Santa Fe FCU in Amarillo, Tex. ($139M)
- VIA Credit Union in Marion, Ind. ($418M)
- LifeWay Credit Union in Nashville, Tenn. ($43M)
About Mahalo Technologies
Mahalo Technologies, Inc. provides online and mobile banking solutions for credit unions. Based in Troy, Mich., the Mahalo platform is designed and built on superior architecture with deep integration to core processing, providing security and a robust feature set across all delivery channels for a true omniexperience. Mahalo banking is feature-rich and price competitive to help all credit unions achieve a technology advantage in the marketplace. For more information on Mahalo banking, please visit us at mahalobanking.com.
