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PRESS RELEASE
April 12, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, announces that 16 new credit unions have signed with Sharetec during 2017. A few of these new Sharetec customers express their satisfaction below.

“When evaluating possible business partners, our credit union looked for a company that brings all of the necessary pieces together. Our ideal partner values security highly, offers products that are highly functional and easy to use for both our members and staff, keeps up with technology, and works with our other business partners, all while being cost effective. With these criteria in mind, Sharetec was the obvious choice for our credit union. We look forward to joining the Sharetec community,” states Kelly Keniston, Credit Union Manager for Menlo Survey FCU.

Cary Csombok, CEO of Loans & Personnel at Monroe County Teachers Federal Credit Union, comments, "In our small geographical area, we are surrounded by many larger competitors. It is our goal to be able to offer the newest and most advanced products and services to our members, just like the competition. We feel Sharetec gives us the ability to do just that and look forward to continuing to grow our credit union with Sharetec as our core processor."

“All of us at Sharetec are humbled by our customer referrals resulting in our consistent growth. The market is saturated with core systems, so to welcome 16 more credit unions to Sharetec shows that the Sharetec solution brings considerable value to the institution,” comments Sharetec’s Regional Director, Matt Isger.

To read more from Sharetec’s newest customers and why they made the decision to switch, visit www.sharetec.com/news

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. 

Matt Isger
844-802-4441
Regional Director
This email address is being protected from spambots. You need JavaScript enabled to view it.
@MattIsger4u

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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PRESS RELEASE
April 5, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems that offers the technology of simplicity, announces that Latrobe Area Hospital Federal Credit Union of Latrobe, Pennsylvania, has made the decision to implement Sharetec as their new core processing solution.

Latrobe was seeking to improve its member facing technology, save time, lower costs and improve partnerships. To meet their diverse needs, Dan Miller, Vice President, Sharetec, communicated the outstanding benefits that the Sharetec solution would provide, and how it would prove to be advantageous for both their financial institution and their expanding membership.

"During the discovery process, Latrobe's decision makers became thoroughly convinced that Sharetec offered the best and most complete solution to meet their needs," remarked Dan. "They viewed our solution as superior to what our competitors were offering, given our better member facing technology, as well as additional features that would save them significant time and money."

Upon recognizing the many advanced features and benefits, Latrobe selected Sharetec. They have already made a successful conversion to our core processor and are immediately seeing vast improvements in efficiency for both employees and their membership.

According to Latrobe's CEO, Greg Sisitki, their previous core processing system was very expensive and prevented them from expanding to all the new and innovative technology services. Sharetec enabled them to provide electronic services and 24/7 access through their mobile app and bill pay services, for less than than their original system without those services.

"Every 'module' is in one place or one system; our old system was in pieces with different passwords and logins, which made things very difficult when it came to the efficiency of the staff," stated Greg.

"Sharetec's conversion process and installation team helped us though the process of conversion every step of the way," he added.

About Latrobe Area Hospital Federal Credit Union
Since 1964, Latrobe Area Hospital Federal Credit Union has stood as a leader in the credit union industry. Located in Latrobe, Pennsylvania, the institution's assets have climbed to $11 million and they currently serve 1,996 members. Latrobe primarily serves the healthcare sector, specifically the employees of Excela Health headquartered in Greensburg, PA. Much of Latrobe's success can be attributed to their steady offering of flexible, cost-effective products and services at competitive rates.

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.
 

Dan Miller
844-802-4441
Vice President
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  

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PRESS RELEASE
February 27, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, shares the success of two credit unions after making the switch to Sharetec.

Making the decision to switch core system providers can be a challenge for many credit unions. The impact on the credit union can be significant and seeing the return on investment takes time and effort. However, many Sharetec Credit Unions have had great success in their conversion to Sharetec, and as a result, they have improved their growth and membership offerings. Due to efficiencies that a Sharetec solution provides, many credit unions see a decrease in their staff count as well.

Since making the switch to Sharetec, Ball State FCU in Muncie, IN, has decreased their staff count from 47 employees to 35 employees, while growing their assets an additional $30 million. Randy Glassburn, President, comments, “With a more efficient core and remote services becoming more popular each day, we have seen a significant reduction in foot traffic within the credit union office. Much of that can be attributed to the conversion to Sharetec, leaving behind our old, antiquated core system.”

Before making the switch to Sharetec, Andover FCU in MA had 9 employees and since converting they have reduced that number to 5 employees and doubled their assets. “Sharetec gave us the opportunity to be more efficient. This has had a huge impact on how we manage our daily operations, allowing us to put that savings elsewhere,” comments Lisa Morelli, Manager of Andover FCU.

“In any economy, the ability for credit unions to dramatically lower their labor costs, allowing their income & operating ratios to look so much better, is welcoming news for our customers,” comments Matt Isger, Regional Director for Sharetec System.

To read more success stories, visit us at www.sharetec.com/case-studies.

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.

Matt Isger
Regional Director
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.
@MattIsger4u

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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PRESS RELEASE
March 22, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, announces Sharetec Credit Unions have great success employing their comprehensive training system.

Sharetec offers a comprehensive training system that is built to fit each credit union in the most efficient way possible. Lifelong learning is one of the best ways to grow and Sharetec believes this is equally true for making the most out of all Sharetec has to offer. Credit union staff needs to be trained properly to take advantage of each product and service that is provided.

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”Our new lending staff received individualized training and were able to work through a loan from start to finish on the demo site without the worry of a member sitting in front of them. The tips and tricks we received along the way gave them the confidence they needed. When completing their training, the staff felt like they had a very strong understanding of the Loans Workspace that would have taken weeks of training in our office,” comments Jenny Kutz, Manager of Members First Credit Union.

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Don Hill, CEO of Memorial Health Credit Union adds, “Many of our staff are more visual learners, so the training videos Sharetec has on their online portal have helped our staff a great deal. We can watch the video for something specific as we do it and pause the video as we follow along. These videos are a great resource for everyone to get the most out of all Sharetec has to offer for our growth.”

Free ongoing training at one of the Sharetec offices not only provides CUs with the information they need to succeed, but it also gives each staff member the confidence they are using Sharetec to the best of their knowledge. To read more, visit us www.sharetec.com/case-studies.


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. 

Keane Kulak
Regional Director
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.
@kakulak

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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PRESS RELEASE
February 22, 2018 - FOR IMMEDIATE RELEASE


LINO LAKES, MN – Sharetec System, core technology made simple, announces Menlo Survey Federal Credit Union in Menlo Park, CA has made the choice to change core systems and join the Sharetec family.

“When evaluating possible business partners, our credit union looked for a company that brings all of the necessary pieces together. Our ideal partner values security highly, offers products that are highly functional and easy to use for both our members and staff, keeps up with technology, works with our other business partners, all while being cost effective. With these criteria in mind, Sharetec was the obvious choice for our credit union. We look forward to joining the Sharetec community this summer,” comments Kelly Keniston, Credit Union Manager for Menlo Survey FCU.


Menlo Survey FCU’s vision to select Sharetec as its core partner fits in with our vision of providing quality member facing products and services for credit union members. Menlo Survey was faced with a challenge as many of their members have reached retirement age, or moved away. By utilizing Sharetec’s Home Banking and Mobile product along with Bill Payment, Picture Pay, P2P, those members can stay in touch with the credit union regardless of their locale.

“Sharetec is excited to be a part of the growth of Menlo Survey FCU as they embark upon a new chapter in their credit union history. We look forward to a long term relationship as the credit union builds a solid foundation of products and services designed to meet the ever-changing technology landscape,” comments Richard Place, VP of Sales for Sharetec.

Menlo Survey FCU
Founded in 1959, Menlo Survey FCU is headquartered in Menlo Park, CA and serves the employees and families of the U.S. Geological Survey and select employee groups. Having over 2,600 members, Menlo Survey FCU has just under $65 million in assets.

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.

Richard Place
VP of Sales
844-802-4441
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  

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