WCCU increases asset size 830% since converting to Sharetec
LINO LAKES, MN (January 28, 2021) —
Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Winnebago Community Credit Union (WCCU) has increased their asset size 830% since converting to Sharetec 20 years ago.
When Winnebago Community Credit Union (WCCU) converted to Sharetec, their asset size was around $15,000,000. Over the last 20 years, with support and assistance from Sharetec, WCCU has had remarkable success, growing their asset size to more than $140,000,000, as well a huge increase in their loans. This growth brings them to an incredible asset size increase of 830%.
Tony Tiede, President of WCCU, comments, “Sharetec has provided efficient and effective software and support over the last 20 years. Our goal is to continue to grow aggressively by “Helping Make our Members Dreams Come True” with Sharetec as a major partner. We have just renewed our software agreement with Sharetec for another seven years.”
“I can remember the first meeting with Tony and his team. It was clear they had a vision of always offering the best possible service to their members and employing incredible staff and technology to make that happen. We are thrilled to continue to be a strategic partner with Winnebago Community CU. It is exciting to keep offering the very best tools and solutions to help them provide their excellent service and incredible growth,” comments Keane Kulak, Regional Director for Sharetec.
About Winnebago Community Credit Union
With over 8,000 members, more than $140 million in assets and $100 million in loans, Winnebago Community Credit Union currently serves members who live or work in Winnebago, Fond du Lac or Outagamie counties in Wisconsin.
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.