PRESS RELEASE April 20th, 2017 - FOR IMMEDIATE RELEASE
LINO LAKES, MN – Sharetec System, core technology made simple, and Larky are pleased to announce that they are partnering to provide credit unions with a powerful, location driven platform that increases cross-selling opportunities, and provides members location-based perks that help support local businesses.
Gregg Hammerman, CEO of Larky, comments, "With our location-based platform, members receive mobile notifications when they are near a specific location where there is a special offer or the credit union wants to promote a specific product or service. This encourages local purchasing at the most convenient time for the member while increasing cross-selling opportunities for the credit union." Gregg adds, "The Larky team is excited for this new partnership and all the added value and savings we see for Sharetec Credit Unions and their mobile members."
The partnership between Larky and Sharetec offers an effective communication tool utilizing the mobile medium to relay important information to members. This turn-key mobile platform is a proven revenue generator through increases in interchange revenue, card usage, membership and cross-selling success with their products and services. Mobile members will receive immediate discounts and offers at their favorite and unique local merchants.
"We are very excited about our partnership with Larky. Our customers know that connecting with their members is the life blood of the credit union," remarked Keane Kulak, Regional Director at Sharetec. "The challenge is rising above the noise that is distracting members from all the value a credit union can provide. Our partnership with Larky provides an incredible tool for credit unions using the Sharetec Core System to do just that and provide relevant information to save members money while increasing our credit union’s income by holding the ‘top of wallet’ position with their members."
About Larky Based in Ann Arbor, Michigan, Larky builds member engagement and loyalty programs that help credit unions connect with members at the right time and place. 100% credit union branded mobile platform powers communications with members at the right time and place to add value for members, support local business, cross-sell additional products and services, boost loyalty, and drive non-interest income. Larky is a Filene Impact program.
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 nearly 300 credit unions with 67% growth since 2000.