First West Credit Union had a challenge that will be familiar to many community financial institutions. Like many larger credit unions, First West was formed through the merger of 4 smaller regional CUs. The mergers [...]
The task of performing a credit union core system review can be overwhelming. With the rapidly changing world of banking technology and the fact that the average age of a credit union member is over [...]
Is the fear of undertaking a core conversion holding your credit union back from making better business decisions that can lead to the growth? In the article, "Two Products That Will Increase Credit Union Growth," [...]
It’s clear now: Data can be one of a company’s most valuable assets if properly stored, managed and analyzed. What’s unclear to many however, is what data is the most valuable and [...]
During a recent review, a $1B credit union in the northeast was found to have 54 different third-party vendors integrated into core or vendor-to-vendor systems.
Fifty-four.
This excess of integration is tragically common and totally [...]
by: Roy Urrico
Core systems have always been the lifeblood of credit unions. Whether they exist on premises or on a cloud, core systems now connect multiple channels, including mobile, and affect profitability.
Traditionally, core [...]