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PRESS RELEASE


June 18, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that Holley Credit Union, based in Paris, Tennessee, has opted to move forward with the Sharetec core processing solution. 

While weighing their core processing options, Holley Credit Union had two objectives clearly in mindto replace a legacy core processing system that was no longer receiving investment and hampering the credit union from keeping pace with changing technology; and to significantly increase automation, which would enable them to reduce busy work and shift their focus more towards meeting their members’ growing needs.

According to Dan Miller, Vice President, Sharetec, Holley Credit Union was seeking an innovative, long-term core processer that would bring them up to speed and help them excel within the highly competitive credit union industry. “Since the core processing system is vital to Holley's future success, it was imperative that they choose a new provider that would meet all of their needs,” states Dan. “They researched their options thoroughly, and reached out to existing Sharetec clients, which yielded several favorable testimonials that positively impacted their decision-making process.”

Holley Credit Union was highly motivated by the full features and functionality of the Sharetec solution and the vast capabilities that would be at their fingertips with a fully automated system. The tight integration of third-parties and reduction in the number of vendor relationships that would need to be maintained, as well as Sharetec’s steadfast commitment to meeting their ongoing needs, were also key motivators as they moved closer to their final decision.

Holley Credit Union is pleased with its decision to implement Sharetec and looks forward to reaping the rewards of their new robust core processor. As their manual processes become fully automated with the Sharetec software, the credit union will be able to provide staff with a full featured and modern system that can greatly improve the efficiency of their daily tasks. Likewise, their members are sure to appreciate the cutting-edge internet and mobile tools that will make their banking experience much easier and more convenient. As members are able to leverage technology to satisfy their needs, the daily burden on the employees will be reduced, which will allow the financial institution to function more effectively and efficiently.   As a new Sharetec customer, Holley Credit Union’s staff is anticipating a significant increase in productivity as they spend less time completing menial tasks and more time addressing the growing demands of their membership. They are looking forward to utilizing the many features that Sharetec has to offer, which will help them move to an even greater level of efficiency in the future.

About Holley Credit Union
Established in 1952, Holley Credit Union of Paris, Tennessee, serves over 6,100 members within the counties of Henry, Carroll, Stewart and Weakley. The credit union has adopted a teamwork concept and a "people helping people" philosophy that make it unique among financial institutions. Set up as a financial cooperative, Holley Credit Union’s profits are passed on to members through better interest rates, lower fees and convenience services. As a result of their ongoing success, they have accumulated approximately $58 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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