A pair of longtime credit union core processing providers hasentered into a joint marketing agreement.

|

The pact calls for R.C. Olmstead Inc. of Dublin, Ohio, torepresent the CAMS-ii core processing platform from CommercialBusiness Systems Inc. of Goldsboro, N.C. CBS has about 65 creditunion clients while R.C. Olmstead has about 80 and both companiesare about 30 years old.

|

CBS will continue to focus on the eastern U.S. and RCO willfocus on the Midwest, the companies said.

|

The first line of support and implementation will be handled byboth organizations, the companies said. Advanced levels of supportand continuing enhancement and development of CAMS-ii will beprovided by CBS with RCO taking a product advisory position, theysaid.

|

“This will be very positive for both of our client bases and forfuture credit unions who choose to utilize our services,” said TonyPhillips, president of CBS.

|

Stephen J. Kambeitz, president of RCO, said, “We will continueto sell and support our original, proven product through normalchannels for our customers whose needs are met with that system.For those seeking a system with advanced features and technology,we have done the due diligence.” 

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.