SAN DIEGO — CU core processor Corelation, Inc. is reporting a number of new client signings and resulting conversions. The company said it signed seven CUs and converted three previously signed clients to its open architecture system, KeyStone, in the first three months of 2015.
Signed CUs include:
- Sidney Federal Credit Union, 47,000 members; $390 million.
- Bellwether Community Credit Union, 28,151 members; $397 million.
- First Service Credit Union, 50,766 members; $506 million.
- PennEast Federal Credit Union, 17,233 members; $141 million.
- NW Preferred Federal Credit Union, 9,285 members; $124 million.
- Riverfront Federal Credit Union, 20,535 members; $167 million.
Converted CUs Include:
- Chula Vista City Employees FCU, 527 members; $2.7 million.
- Aspire Federal Credit Union, 24,000 members; $175 million.
- Safe America Credit Union, 24,000 members; $309 million.
“The signings and conversions we have already experienced in 2015 has been tremendous,” says Corelation President Theresa Benavidez. “This activity so early in year tells us that credit unions are really ready for a technology change in 2015 – just like they were last year. We are more than happy to provide them with a refreshing, person-centric, and open core that will take them well into the future.”
To date, Corelation has signed 37 credit unions with 20 live on KeyStone.