Thirty-two credit unions committed to becoming new users of Symitar core processing platforms in fiscal 2010, according to Jack Henry & Associates of Monett, Mo.
|The company said the credit unions were all replacing competitors' systems and included new users of both the flagship Episys platform and CruiseNet for small to mid-sized credit unions. Seventeen will run their systems in-house and the other 15 will outsource the processing to data centers.
|"Credit unions that continue to operate on platforms which inhibit growth and innovation limit their competitive advantage and put their businesses at serious risk," said Symitar President Ted Bilke.
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