Maine Savings Federal Credit Union renews partnership with Synergent
Synergent also will deliver hosted Jack Henry Symitar core processing, integrated credit and debit card services, and additional integrated solutions to Maine Savings
WESTBROOK, ME (January 5, 2024) — Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing and a five-year renewal agreement for Opening Act™. Maine Savings also has signed a five-year renewal agreement with Synergent to provide fully integrated debit and credit card processing services and support.
“We are truly grateful to Synergent for being an invaluable strategic partner and collaborator throughout the entire renewal process,” shared Vanessa Madore, President and CEO of Maine Savings Federal Credit Union. “Our partnership thrives on trust and dependence, as they consistently deliver the best essential products and services needed to serve our members.”
Maine Savings Federal Credit Union has also renewed numerous ancillary services offered through Synergent, including Early Warning, Electronic Check Collections, Share Draft Processing, Statement Processing, and Mobile Deposit Capture.
“We are so pleased that Maine Savings has chosen to continue their partnership with Synergent,” said Cris Wescott, Interim President/CEO for Synergent. “Their trust in our products, solutions, and support is appreciated and we look forward to delivering at a level that exceeds their expectations.”
“Renewing became an easy “yes” due to the dedicated and strategic partnership we’ve nurtured over the years,” continued Madore. “At Maine Savings and Synergent, we work closely as a team, ensuring future growth and success while meeting the needs of our valued members.”
Maine Savings Federal Credit Union, headquartered in Hampden, Maine, has over 38,000 members and over $720 million in assets. Its field of membership includes individuals who live, work, worship, or attend school in Penobscot County, or those who are related to current members. Anyone in the state of Maine who is member of the American Consumer Council is also eligible for membership.
Founded by credit unions in 1971, Synergent® is a managed services provider that offers state-of-the-art and innovative core processing, along with in-demand payments, technology, and marketing services. As a service-driven and cost-effective host of Jack Henry™ Symitar® core processing, Synergent provides credit unions with the products and services they need to succeed. No matter what the product, our clients can count on Synergent to choose it, install it, integrate it, and help credit unions get the most out of it so they can focus on providing the best service experience possible to their members. For more information on Synergent, please visit www.synergentcorp.com or call 800-341-0180.
About Jack Henry & Associates, Inc.™
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. They are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 47 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. They empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.