SAN DIEGO — As Corelation was converting two of its largest clients over the last couple of months, the core processor reported it has also signed several more CUs to convert to its KeyStone core solution in 2016. The new clients include:
- Reliant Community Federal Credit Union ($386 million; 37,000 members; Sodus, N.Y.).
- Nutmeg State Financial Credit Union ($382 million; 36,000 members; Rocking Hill, Conn.).
- Industrial Credit Union ($203 million; 24,400 members. Bellingham, Wash.)/
Meanwhile, on Nov. 1, the $327-million Credit Union of New Jersey converted to KeyStone.
“It’s no question that 2015 has been our busiest to year by far – and we still have two months to go,” says Corelation President Theresa Benavidez. “With all this activity, you would think our multitude of conversions and signings would be a blur. It’s actually been quite the opposite, as we have savored each new client and each new KeyStone launch as if they were our first.
To date, Corelation has signed 40 credit unions with 26 live on KeyStone – with almost $14 billion in total combined assets. Additionally, more than 850,000 members are served by credit unions powered by KeyStone. That number will rise to 1.2 million by January 2017.