Eleven credit unions in the past 16 months have been added tothe client list of approximately 160 financial institutions servedby Financial Services Inc. of Glen Rock, N.J., the companysaid.

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FSI’s products include item processing, e-statements, boardportals and Internet and check fraud services.

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Core processing now is being offered through a new partnershipwith EPL Inc., the Birmingham, Ala., provider of the i-Powerplatform, FSI said.

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New credit union clients range from the $5.8 million Health Careof New Jersey FCU in Mount Holly to the $2.8 billion Desert Schools FCU in Phoenix, which has contracted with FSI toprovide item capture services to its more than 50 branches, thecompany said.

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Health Care of New Jersey FCU is currently a CompuSourceServices core processing client, according to Callahan &Associates’ Technology Survey. The 2,200-member credit union willbe converting to EPL’s i-Power platform through FSI, the companysaid.

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“A conversion can be a scary thing,” said the credit union’sboard chairman and president, Robin Keys. “FSI made our core dataprocessing transition as smooth and seamless as possible, with noimpact on our members at all. The only change they will experience,is cleaner, more efficient processing.”

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FSI said three other credit unions, all in New Jersey, haverecently signed new item processing contracts: the $203 millionGarden Savings FCU and the $69 million Jersey Trades FCU, both inParsippany, and the $67 million Central Jersey FCU inWoodbridge.

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Credit unions became part of the family-owned New Jerseycompany’s target market in the past 12 to 16 months, FSI said.Credit union-owned EPL said it now serves about 135 creditunions. 

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