Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Three CUs form CUSO for Corelation
SAN DIEGO (5/19/14)--Three New Jersey credit unions have pooled their resources to form a credit union service organization and sign with core processor Corelation.
 
Aspire FCU, Clark, N.J., with $183 million in assets; Credit Union of New Jersey, Ewing, N.J., with $333 million in assets; and United Teletech Financial FCU, Tinton Falls, N.J., with $323 million in assets, will convert to Corelation's KeyStone core in 2015 and will run on a single IBM box located at the data center of Corelation's partner, Wescom Resources Group.
 
The new CUSO is named Member Support Services.
 
"The Member Support Services CUSO exemplifies the credit union movement as a cooperative effort that looks beyond their own needs," said Corelation President Theresa Benavidez.
 
MSS LLC is intended to create operational efficiencies in core processing, telecom and call center services, purchasing and contracting and other areas, the credit unions said.
 
Launched in 2009, Corelation now has 25 credit unions signed and 13 live on its system, the company said.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
8 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
8 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
9 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
10 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
10 hours ago