Press
Ocala Community Credit Union selects CU*South
FAIRHOPE, AL (December 22, 2014) — Ocala Community Credit Union has selected CU*South as their new core processing provider to support growth and drive new lending and new membership opportunities.
“Our credit union has experienced rapid growth in both members and loans over the past two years,” says CEO Steven Nazaruk. “We needed a core system that would support our growth with more online features to make it easier for members to join, get a loan, and manage their accounts using mobile and text banking. And, we needed a core with the tools to help us understand who our members are, and what products and services they expect us deliver.”
“We performed an extensive search of core processing systems, and narrowed the field to a final four,” Mr. Nazaruk notes. CU*South offered a truly integrated solution, without the need to buy additional modules or interface extra software from third parties. Other vendors showed us what they were planning to build; CU*South had it ready to use.”
“With CU*South, we can analyze member spending and member borrowing, and send targeted offers to select member groups with just a few clicks,” says Mr. Nazaruk. “Our members can apply for a loan online, and get an automated decision in just a few seconds. Our members expect a fast response; our new software helps us deliver their expectations.”
“As a CUSO, we welcome Ocala Community Credit Union to our network,” says CU*South CEO Leo Vaulin. “We see a great opportunity to support the growth of this credit union. The community is growing quickly, loan demand is strong, and we’re happy to provide the credit union with the resources they need to serve their members.”
Ocala Community Credit Union will be converting to CU*South’s CU*BASE® core platform in mid-2015.
About CU*South, Inc.
CU*South is a credit union-owned cooperative focused on building a network of successful credit unions. CU*South offers a wide variety of services including the Tier-1 CU*BASE® processing system offered in both online (ASP) and in-house processing environments, as well as a fully-integrated online and mobile banking solution. CU*South also provides a variety of managed services through its CUSO@Work division, as well as through collaborative partnerships with other CUSOs in the rapidly-growing cuasterisk.com network—CU*Answers, CU*NorthWest, eDOC Innovations, Xtend, and Site-Four. Managed services allow credit unions to outsource tasks at a fraction of the cost of a full-time specialist—accounting, collections, compliance, lending, marketing, call center, web design. As a partner of the cuasterisk.com network, CU*South provides the most comprehensive offering of information technology tools and services through a collaborative, shared ownership model, with the same great value credit unions offer members. For more information, visit www.cusouth.com.