Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Synergent offers new shared branching kiosks
PORTLAND, Maine. (3/7/11)--Synergent has launched shared branch kiosks in lobbies and other locations throughout Maine.
Click to view larger image St. Jean’s CU, Lynn, Mass., has signed an agreement to use Synergent Technology Services, the Episys core processing solution from Symitar, and Synergent’s Statement Processing Services. The $132 million-asset credit union has also signed on to Synergent Card Services Debit/ATM Card Processing Platform. Meeting to sign agreements are (from left) Jeff Gray, senior vice president, Synergent; David Surface, president/CEO, St. Jean’s CU; John Murphy, president/CEO, Synergent; Fred Barber, account executive, Synergent, and Gary Glenn, senior vice president, Synergent. (Photo provided by The Maine Credit Union League)
The kiosks go beyond the services offered by ATMs, allowing members to make loan payments, get loan advances, make money transfers or withdrawals, and make cash or check deposits without slips or envelopes. A subsidiary of the Maine Credit Union League, Synergent provides credit unions with technology services, card services and check processing and support services. It also has a direct marketing services division. University CU, a $189 million-asset institution in Orono, Maine, recently introduced the kiosks to its membership. For those members apprehensive about the new technology, the credit union employed “technology liaisons” to assist with the registration process and explain the kiosks’ functionality. The $185 million asset Five County CU, Bath, Maine, has also implemented the kiosks. “We felt it was important to make this investment to ensure that our members, and members of credit unions who utilize shared branching, have access to their accounts beyond the extended hours we already offer,” said Mike Foley, vice president of Five County CU.


RSS print
News Now LiveWire
Access to Affordable Mortgages Act passed by Hse Fin Serv. 31-23.CUNA says bill gives CUs reg relief & incr. access to mortg credit.
14 minutes ago
Bill sponsor said will support amndmt to incl. NCUA in the study & delay the agency's risk-based capital plan b4 full House vote. 2of2
22 minutes ago
Bill directing banking agencies to study appropriate capital requirmnts for mrtg servicing assets for nonsystemic banks clears committee1of2
25 minutes ago
The .@FinancialCmte passed #HR4042 and #HR5148 this morning. Both are reg. relief bills and have the strong support of @CUNA
27 minutes ago
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
16 hours ago