Symitar’s Episys gains two new credit union customers
Virginia-based Peoples Advantage Federal Credit Union and Missouri-based Century Credit Union have picked a cloud-based version of Symitar’s Episys core processing solution.
The system will be provided on a hosted basis by Member Driven Technologies (MDT), a credit union service organisation (CUSO).
Peoples Advantage FCU, based in Petersburg, Virginia, aims to provide the underserved, unbanked and creditless population with “better, easier access to financial services and guidance”.
The credit union was looking for a core platform provider that could deliver “new levels of efficiency across the institution”.
After what MDT describes as a comprehensive search process, Peoples Advantage decided to partner with the CUSO to “boost productivity” and enable “a more intuitive, seamless member experience”. The credit union plans to go live on the platform next year.
“The core platform is the crux of a credit union’s operations, so we understood the importance of finding the right fit for our institution,” says Patsy Smith, president and CEO of Peoples Advantage FCU.
“Partnering with MDT will enable us to do more with our current resources while allowing us to provide our members with cost-effective access to the modern features and functionality they expect.”
Century Credit Union has been serving the St. Louis, Missouri community for more than 60 years. The credit union decided to search for a new core platform provider to allow it to spend less time on manual tasks and instead focus on member-facing initiatives.
“When completing our due diligence, we narrowed our search process down to three providers based on competitive pricing and products offered and had each one demo its platform for our team,” says Bob Eike, president and CEO of Century CU.
“Our team agreed that MDT’s hosted platform offered the easiest, strongest integration capabilities.” The credit union expects to go live on the MDT platform in Autumn 2020.
“We are proud to partner with credit unions like Peoples Advantage FCU and Century CU, institutions that prioritise their technology strategy and member service,” says Larry Nichols, president and CEO of MDT.
“By joining forces with us, the credit unions will be empowered to streamline and improve processes to boost efficiencies throughout their organisations. We take care of our credit unions’ hardware and software upkeep and maintenance so that they can focus on what matters most – better serving their members.”