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FreestoneWacoAllSaints  Generations

PRESS RELEASE

February 12, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that four of its long-time customers have entered their 25th year with Sharetec.

As one of the top industry leaders in the development of credit union software, Sharetec proudly recognizes these four valued customers as they reach their 25th-year milestone in 2019. Freestone Credit Union and Waco Federal Credit Union located in Texas, All Saints Federal Credit Union in Ohio, and Generations Federal Credit Union in Indiana join Sharetec in celebrating this great accomplishment, as they each reflect on the many benefits of their lengthy partnership with the innovative core processing provider.

DeAnne Harris, President of Freestone Credit Union comments, “It’s been a pleasure working with Sharetec for 25 years. The service has always been great and the staff is very friendly, available when they are needed. The upgrades get better each year, offering more products and services to help our credit union succeed. Here’s to another 25 years!”

Connie Straight, All Saints Federal Credit Union (FCU), marvels at her 25-year career with the credit union and how Sharetec has evolved over the years to meet their changing needs. “I remember that time so vividly, because we went live with the Sharetec Core Processing solution three weeks after my start date. We immediately saw how adaptable the system was to the needs of our credit union and members. Today, I am so impressed with how far along the software has come, especially in regards to its cutting-edge technology, which delivers so many advanced features. Sharetec has not only provided us with the necessary efficiencies and functionality, but it has allowed our staff to focus on what is most important to our credit union—and that’s our members.”

Sharetec prides itself on meeting the needs of its credit unions and making sure they have the tools and technology to succeed in this competitive industry,” comments Matt Isger, Regional Director for Sharetec.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Matt Isger
Regional Director
844-802-4441
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This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms & Conditions

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MaineFamily

PRESS RELEASE
January 15, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Maine Family FCU, located in Lewiston, Maine, has improved member services and operational efficiency through Sharetec’s Teller Capture software.

After the installation of Teller Capture, Maine Family has seen a significant increase in speed and accuracy when servicing members. This solution streamlines processing and sends over-the-counter items directly to the items processor. Christine Clabby, COO of Maine Family FCU, comments, “Sharetec Teller Capture is really doing the work for us. The tellers are taking care of the checks, providing us with more accuracy and better operational efficiencies through the credit union. It’s really working great.”

With Teller Capture, Sharetec offered Maine Family a solution to their cumbersome check21 scanning process. The credit union was having to take an employee off the teller line for at least 1 - 2 hours per day to scan over-the-counter items. These were then collected into a batch file and manually sent to the items processor.


The Sharetec team installed 15 new check scanners across the credit union's two locations. Tellers could then scan the items at the counter while Sharetec automated the delivery of the items file to the processor. By implementing Teller Capture, the credit union has been able to save both time and operational costs by completely automating the process.


"Sharetec will always be on the cutting edge of credit union technology," stated Paul Stevens, CTO of Sharetec's Northeast partner. "Providing solutions to help our credit unions better serve their members is a top priority for us, and we will continue to broaden our suite of technology solutions to help them stay ahead of the curve."

To read this full success story, visit us at www.sharetec.com/case-studies.

About Maine Family FCU
Founded in 1928, currently serving over 21,000 members and boasting $159 million in assets, Maine Family FCU provides best of breed financial products to the communities of Androscoggin County. The credit union strives to be an active partner in the communities in which they work and live.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Paul Stevens

CTO of Sharetec
844-802-4441
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This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms & Conditions

 

microphone news

PRESS RELEASE

November 6, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, core technology made simple, announces Energy People FCU in Medford, NJ, as another successful conversion to Sharetec.

Energy People FCU began working with Sharetec 5 years ago, after 40 years with their previous core processor. Unfortunately, as is often the case, their contract automatically renewed for five years before they were able to sever their previous relationship.

Janice Hughes, CEO of Energy People FCU comments, "About a year away from our old contract end date we started diligently working with the Sharetec team and were invited to attend the National Users Conference in New Orleans last year. At the conference we were able to speak with other Sharetec Credit Unions as well as meet and talk with other associates from Sharetec. We were very impressed with the system but more importantly for us we felt the employees from Sharetec were what we were looking for. Client support was one of the most important reasons we chose Sharetec for our Credit Union. The Sharetec team made us feel that our new journey was going to be a perfect fit."

According to Sharetec account manager, Joseph Reis, "Janice has been involved in the Credit Union industry her whole life. During the conversion and installation she worked closely with installation manager, Lorry Bernier. Janice tells us that Lorry made her feel welcome and confident that they made the right decision". Janice added, "The Sharetec team not only helped out with our training but they continue to help us in our daily routine. It’s so nice to know that once your system is up and running that there are people who care enough to help. We are very grateful for our successful installation!"

About Energy People FCU
Founded in 1960, Energy People FCU proudly serves active and retired employees of PSE&G, their families, and relatives with a wide array of financial services.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, building income streams and lowering operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Joseph Reis 
844-802-4441
Sharetec Regional Manager
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This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms & Conditions

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west virginia
PRESS RELEASE

December 27, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that West Virginia Federal Credit Union (WVFCU) in South Charleston, West Virginia, has made the decision to implement Sharetec as its new core processing solution.

In searching for a new core system, WVFCU’s central goal was to significantly increase the automation of its business processes, leading to a decrease in busy work for credit union staff. Ultimately, by enhancing automation, the hope was that employees would be able to devote more time to better meeting their members’ diverse needs.

WVFCU’s decision to implement Sharetec was the result of several factors, primarily being the company’s straightforward, transparent proposal and the functionality of the software itself. Sharetec presented the credit union with a comprehensive plan for transitioning to the new system, as well as a thorough explanation of the numerous benefits they could expect. WVFCU was impressed with the system’s full features and functionality, improved automation, tight integration of third parties, the reduction in the number of vendor relationships that would need to be maintained, and the strong client testimonials that supported the solution.

Nick Arvon, CEO of West Virginia FCU comments, "Our core system is critical to our daily staff efficiency and our ability to continue enhancement of our technologies to improve member service. When evaluating options for the right partner, we prioritized member service productivity and our members’ overall experience. After our extensive review of the many core provider options available, it was clear to us that Sharetec was our best choice to meet our objectives through optimized workflows, improved integration with third-party vendors, increased self-service capabilities for our members, data intelligence capabilities, paperless document management and more. We believe Sharetec best understands the technology challenges small to medium size credit unions face and delivers exceptional cost-effective solutions that not only allows us to compete with much larger credit unions and banks but create internal efficiencies that allow our staff to focus on our members. In addition, Sharetec has shown a commitment to continued investment in their core platform and backs it all up with a great support team. We could not be more excited to begin our new partnership with Sharetec."

According to Dan Miller, Vice President, Sharetec, WVFCU’s acquisition of Sharetec is certain to bring about monumental changes for the credit union. "West Virginia wanted to provide its members with the cutting-edge tools that would allow for self-service," he notes. "Sharetec’s advanced features will provide those capabilities and more. Members will be able to leverage technology to meet their needs which will, in turn, reduce the staff’s daily burden and promote more effective and efficient functionality."

"As they gain new efficiencies from the system, Sharetec will allow the credit union to grow without adding staff," Dan adds. "Coupled with the projected cost savings, West Virginia’s decision makers understand the real value of Sharetec and how the platform offers them the best and most complete solution."

Keenly aware of the system’s advanced technology and superior capabilities, West Virginia selected Sharetec as their new core processing system. The institution plans to utilize their chosen platform as a springboard to further advance their objectives and support their mission to enhance member service and their bottom line. The credit union is expected to move forward with the implementation by the end of the second quarter of 2019 and looks forward to seeing remarkable improvements in day-to-day efficiencies.

About West Virginia Federal Credit Union
West Virginia Federal Credit Union was established in 1965 as a not-for-profit, member-owned financial cooperative. Since then, they have grown their membership and expanded their products and services to meet the financial needs of those in the areas surrounding their two locations in South Charleston and St. Albans, West Virginia. The credit union has 33 employees and boasts $125 million in assets.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Dan Miller
Vice President
844-802-4441
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This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms & Conditions

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Eddy

PRESS RELEASE

October 31, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, core technology made simple, announces Eddy Federal Credit Union in Carlsbad, NM, has chosen Sharetec to be their next core processing partner.

Donna Davis, CEO of Eddy Federal Credit Union comments, “Your core system is the heart of your business, when searching for the perfect fit for you and your membership it has to have the qualities that you would want for yourself. When we began searching for a new core system we knew that there were several choices out in the market place, but Sharetec met all our needs, financially, up to date technology, a great group of folks that want you to have the passion about their system that they do. Our staff is excited to be a part of this this conversion.”

“Sharetec is pleased to have Eddy Federal Credit Union as our newest client. It was evident to us that Eddy FCU and Sharetec have similar visions for the future of credit unions. Both organizations are committed to providing member facing products that bring quality service and support to the membership. Sharetec and Eddy FCU are looking forward to a lasting relationship built on our continuing dedication to provide meaningful products such as Mobile Banking, RDC, and Online Loan Application to our client base,” comments Richard Place, Vice President Sales for Sharetec.


About Eddy Federal Credit Union
Established in 1954, Eddy Federal Credit Union is located in Carlsbad, NM, and provides services to members and their immediate families, as one of the largest credit unions in New Mexico.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, building income streams and lowering operating expenses to over 250 credit unions with 67% growth since 2000.

Richard Place
844-802-4441
Vice President Sales
This email address is being protected from spambots. You need JavaScript enabled to view it.

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms & Conditions

Click here for PDF version