EDGELEY, N.D.–Dakota Plains Credit Union here has selected the XP2 core processing solution from Fiserv, along with other online, mobile banking, electronic payments, statements and card processing solutions from the company. Dakota Plains will move from its existing providers to the new solutions in order to provide a more robust and seamless experience that meets the needs of members, according to Fiserv.
The commercial lending capabilities of XP2, overall functionality, member service support and leadership from Fiserv were cited by the credit union’s leaders as key benefits of the selection.
“Our members live and work in thriving farm communities, and our credit union has strong demand for commercial and agricultural loans. We needed a new integrated core technology suite to service these loans with high efficiency,” said Michael Reisnour, president and CEO of Dakota Plains. “The integrated suite greatly expands our service capabilities, and outsourcing these products enables us to focus more of our attention on new products and services to satisfy our members.”
The $68-million has more than 4,000 members and a community charter.
“Growing credit unions drive the development of communities, and Fiserv is committed to providing the innovative technology that enables their success,” said Santo Cannone, chief product officer, Credit Union Solutions, Fiserv. “The integrated XP2 suite will help increase Dakota Plains’ efficiency and allow them to deliver a portfolio of products and services that reflect the way people live and work today.”
The technology suite selected by Dakota Plains includes XP2 for core account processing, Virtual Branch for online banking, Mobiliti for mobile banking, CheckFree RXP® for electronic payments, Statement Advantage for statements and e-statements, Wisdom for comprehensive accounting and call report functionality, Nautilus for enterprise content management, as well as solutions for enhanced commercial lending and card processing.