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MississippiDHS

PRESS RELEASE

February 18, 2020 - For Immediate Release

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Mississippi DHS Federal Credit Union, located in Jackson, MS, has selected Sharetec as their next core banking software.


“When searching for a new core, we knew we wanted a system that would not only benefit us with cost efficiency, but also the ability to offer a wide variety of products and a higher level of user friendliness. Sharetec met all our needs. The ability to serve all of our members in Mississippi’s 82 counties on an electronic basis was a key factor, as well the convenience it will bring to them. We also liked how easily Sharetec works with the partners we already have in place,” comments Joey Minton, President/CEO of Mississippi DHS FCU.

After converting to Sharetec, Mississippi DHS FCU will offer a variety of products and services to help them better serve their members. Products to be offered include online membership, loan applications, bill pay, fully functional mobile banking, remote deposit capture, e-notices, and many other products they have not been able to provide previously. “Working with Joey and the team at Mississippi DHS has been a great experience. They have clear goals where they would like the credit union to go and how technology will fit in with those objectives,” remarked Carrie Heck, Account Relationship Manager for Sharetec.

“Additionally, Joey brings a unique knowledge of seeing different core systems at many other credit unions through his experience as an auditor. By selecting Sharetec, it shows how powerful the system is in this area, as well as the new technology they are adding.”

About Mississippi DHS Federal Credit Union
Since its inception in 1952, the Mississippi DHS Federal Credit Union has been serving its members in and around the Jackson, Mississippi area with exceptional financial products.

About Sharetec
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Carrie Heck
Account Relationship Manager for Sharetec
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 and Conditions 

For PDF version, click here. 

PBA FCU SM

PRESS RELEASE

February 4, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces PBA Federal Credit Union has signed with Sharetec to be their next core processing solution.

Kelli Pierce, Manager of PBA FCU, comments, “When evaluating core systems, we looked for a company that we knew would help us grow. In order to grow, we needed to offer more services to our members and future members. We looked for a core processor that would meet our immediate technology needs while also being affordable. Sharetec has all the features we were looking for in a business partner and has the ability to provide everything we want in one application. The Sharetec team has been exceptional in helping us tackle this new adventure. We look forward to our future and growing our membership with Sharetec.”

PBA FCU will be taking on products such as Mobile Banking, Sharetec Online Loan Application, and remote eSign. Both Sharetec and PBA FCU look forward to a lasting relationship built on a continuing dedication to provide meaningful products.

“Sharetec is pleased to have PBA Federal Credit Union as our newest client in AR. It was evident to us that PBA 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,” comments Deborah Resavage, Vice President Sales for Sharetec.

About PBA FCU
Located in Pine Bluff, AR, PBA FCU has been serving its members since 1956. The credit union is a not-for-profit, member-owned financial cooperative providing services to U.S. military members. Membership is also open to immediate family of current members.

About Sharetec

Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Deborah Resavage
Vice President Sales for Sharetec
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 and Conditions

For PDF version, click here.

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PRESS RELEASE

December 5, 2019 – FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that Scott & White Employees Credit Union (SWECU), based in Temple, Texas, has successfully converted to the Sharetec Core.

Celeste Kaylor, President/CEO of SWECU, stated, “When looking for our next core processing system we wanted a cost effective, user-friendly software that would offer more efficiencies in our daily processes and provide our members with new quality, secure, and easy to use products. Sharetec was exactly what we were looking for! With Sharetec we will be able to achieve our mission of empowering our members to achieve financial health today and in the future. We are excited to work with such a great team at Sharetec and cannot wait to see our credit union grow.”

“During the sales cycle it was obvious that SWECU shared the same desire for providing quality services for its membership,” stated Deborah Resavage, Vice President of Sales for Sharetec. “Moving the credit union into the technology for Remote E-Sign, integrated Document Manager, and a broad mobile banking offering were just a few of the reasons the credit union choose Sharetec. We are looking forward to a very long- term relationship with Scott & White Employees CU.”

About Scott & White Employees CU
Scott & White Employees Credit Union was chartered in 1962 by the employees of Scott & White. The Credit Union is state chartered and regulated by the Texas Credit Union Department. Deposits are federally insured up to $250,000.00 per account by NCUSIF, which is regulated by the NCUA.

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.

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


For PDF version, click here.


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

THANK YOU speech bannerSM
PRESS RELEASE

January 9, 2020 – FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Sharetec Credit Unions have scored Sharetec service with the highest score to date since its beginning 28 years ago. Sharetec continues to offer credit unions great service and products that benefit both the staff and members. During the fall of each year, Sharetec sends out a customer satisfaction survey to help find areas of improvement in order to maintain a high standard in the core banking industry, and track what is successful. For 2019, Sharetec is proud to announce a record score of 9.34 out of a possible 10.

Randy McElwee, President of Gale Credit Union, comments, “In all my years, I have never experienced such an across the board set of individuals providing an Amazing level of service. What a joy to be a customer of Sharetec. It is great to work with a vendor who has great staff always ready to help us out with a smile.”

President and CEO, Will Perkins of Taylorville Community Credit Union, also comments, “It's always great when we get to work one-on-one with our Sharetec representative whose expertise is invaluable to the company. Recently moving to Service Bureau, Sharetec did a great job and we are thankful for all the Sharetec team members who were involved in the move.”

Account Relationship Manager for Sharetec, Carrie Heck, comments, “It’s our daily goal to deliver the best service and support possible. Our customers see the results of our dedicated staff and get timely resolutions to their needs. We are thrilled to see such great results for 2019. We are very proud of what our team delivers each and every day!”

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.

Carrie Heck
Account Relationship Manager
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 and Conditions

For PDF version, click here

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PRESS RELEASE

November 26, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, is pleased to announce that PortalPay - an innovative digital payment solution offered through the Sharetec/Allied Payment Network partnership - is gaining momentum as it brings significant advantages to numerous credit unions across the country. One such credit union that is experiencing the benefits of PortalPay is LorMet Community Federal Credit Union of Amherst, Ohio.

After extending its partnership in 2017 with PortalPay’s creator, Allied Payment Network, Sharetec has been able to offer its credit unions this advanced web-based loan payment solution that is easily and quickly installed with no integrations required, and that greatly simplifies and improves the loan payment process.

According to Shavena Brown, LorMet’s Chief Operations Officer, their financial institution was seeking a loan payment option that would automatically post to the member’s account. With their previous vendor, payments that were not processed through the member’s online banking were manually posted to the account by LorMet’s back office staff. Looking to improve their processes, they decided to request a demo of the PortalPay solution to determine if the product would serve their precise digital loan payment needs. With over 200 loans processed each month, LorMet realized that they required a solution that would easily manage this high volume and satisfy members’ needs in the process.

LorMet was pleased that PortalPay immediately simplified and improved its loan payment processes, and they are continuing to enjoy
several key benefits from the solution. “Members can make one time payments at no charge using their checking account information whenever they choose, from any device, and can continue to make payments using their debit card,” Shavena remarks. “Back office staff can access the administration site to check the status of and research payments, and even make payments on a member’s behalf. And all payments are automatically posted to the account. Screens are user friendly and we can provide custom verbiage within the disclosure boxes to simplify the member-user’s experience.”

According to Shavena, PortalPay provides the easy access that members demand to easily and quickly make loan payments from their mobile devices. “PortalPay is a great alternative to mailing a check. It reduces the loan payment period from seven days - which may include writing the check, purchasing stamps, placing the payment in the mail and allowing three days for delivery and one for processing - to two to three days, by simply processing the payment online with the payment processed the next day,” she notes.

Dan Miller, Vice President, Sharetec, notes that his company is looking forward to continuing to offer the latest and greatest leading-edge solutions to credit unions, and to further fostering Sharetec’s already successful partnership with Allied Payment Network. “Products such as PortalPay not only strengthen the success of our Sharetec Core Processing solution, they serve to build and improve the relationships that credit unions have with their members. Having this web-based loan payment solution is a win-win for everyone involved. It’s a truly unique product that Sharetec is proud to have among its prime feature offerings."

About LorMet Community Federal Credit Union
Since 1936, LorMet has called Lorain County, Ohio its home, and they are proud to serve all of Lorain County, Bay Village, Rocky River and Westlake. They are also proud of the variety of personal banking and lending products and services they offer to their nearly 21,000 members. LorMet’s success has resulted in an accumulation of approximately $185 million in assets.

About Allied Payment Network
Allied Payment Network is an industry-leading provider of emerging bill pay technologies to the financial services industries. With its award-winning solution, PicturePay®, Allied pioneered the first mobile photo bill pay application for smartphones and has brought the same level of innovation to its full suite of online and mobile bill pay channels. These include solutions for Internet bill pay, small business payments, person-to-person, account-to-account, and online loan payments, among others. For more information, visit www.AlliedPayment.com.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, offers a robust and far-reaching core data processing platform with integrated functionality to help credit unions make it smarter and keep it simple. Their scalable system easily adapts to meet the needs of credit unions of all sizes, while providing a technologically advanced user interface for greater efficiency, improved member service and enhanced revenue. The platform’s vast capabilities - coupled with the company’s commitment to delivering an excellent return on investment - have elevated Sharetec to its current status as a leading core processing solution provider.


Dan Miller
Vice President

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

For PDF version, click here

To read Sharetec's Case Study on PortalPay, click here