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25yrCULogos
PRESS RELEASE
December 17, 2020 - 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 it is celebrating 25-year partnerships with several successful credit unions. Additionally, the company is proud of how these business relationships have enabled their clients to thrive and allowed Sharetec to enhance its innovative solution over the years.

In the 1990s, numerous credit unions across the U.S. were seeking a more efficient way to complete their daily tasks by improving functionality and efficiencies for both their staff and members. As many were narrowing down their list of prospective solutions and business partners, it was not surprising that an innovative new core processing solution called Sharetec was garnering a lot of attention.

Among the credit unions that opted to partner with Sharetec in 1995 were Akron Fire Police Credit Union (AFPCU) of Akron,  Ohio, Brewster Federal Credit Union (BFCU) of Brewster, Ohio, and Common Roots Federal Credit Union (CRFCU) of Cranberry Township, Pennsylvania. Each of these financial institutions had come to realize that they needed an advanced coreprocessing system backed by excellent service to help them grow beyond the approaching millennial year. And grow they did, as all are celebrating strong and prosperous 25-year partnerships with Sharetec as of 2020.

Many of the issues that these credit unions were struggling with a quarter of a century ago are still relevant today. Problems that were impeding their success and growth included an inefficient, paper-centric system that caused widespread inefficiencies, as well as mounting operational expenses, inadequate support services, lack of innovative reporting capabilities, delays in loan andmembership application processing, and stagnant membership growth.

AFPCU’s Operations Manager, Georgeanne Hoover, states that reaching their 25-year milestone with Sharetec has been remarkable. “Looking back, our credit union has evolved and grown in so many ways. We have added many new products and services that help us respond to the changing needs of our members,” she notes. “We appreciate that Sharetec has been with us every step of the way, offering the support we need to serve members and for the back office and reporting functions, as well as keeping us up to date with evolving technology. The Sharetec team is always very professional and helpful!”

Joanne Smith, Manager/CEO, BFCU, says that as a whole, their credit union staff has always appreciated the fast and friendly service they receive from the tech support at Sharetec: “When I have ‘one of those days’ and it seems like I have to call multiple times for questions, the Sharetec staff always answers with a smile and provides excellent customer service.”

According to CRFCU’s CEO, Kasi Devinney, outstanding support has also been invaluable over the years. “As a smaller credit union, we truly value the ongoing support we receive,” she remarks. “Sharetec’s excellent service and support have helped to ensure that the features are working optimally to benefit our members and employees and that everything continues to run smoothly.”

Dan Miller, Vice President, Sharetec, appreciates the longevity and strength of Sharetec’s 25-year partnerships. “Without a doubt, as we’ve helped these credit unions improve their functionality and efficiencies, we’ve also been able to improve our company and its offerings,” Dan states. “Listening to their requests and meeting precise needs have helped us enhance and increase the features of our system, making the Sharetec solution progressively better over the years. This continues to be a‘win-win’ situation for everyone involved. I can’t congratulate and thank these credit unions enough.”

To see the full success story, click here or visit us at https://www.sharetec.com/case-studies.

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 three years.

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 maychange over time. Terms and Conditions

For PDF version, click here

MeridianCU

PRESS RELEASE

December 2, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Meridian Credit Union in Ottumwa, IA signs with Sharetec to be their next Core Banking Solution.

“Finding a core system that could offer us up-to-date technology, as well as not overcharging for add-ons was key in our decision to move to Sharetec. We took the time to review a few different cores and Sharetec was our top choice. Some struggles on our old system consisted of outdated digital banking & member service technology which made for a poor member experience. Sharetec showed us they could come out on top in these areas, as well as giving us that home-town feel our members want,” comments Brenda Wynn and Josh Hall, Co-CEOs of Meridian Credit Union.

Meridian Credit Union will be utilizing products like real-time bill payment, picture pay, P2P and A2A, and many more core services which will ensure Meridian Credit Union has the success they want to achieve through their partnership with Sharetec.

Matt Isger, Regional Director for Sharetec, comments, “Meridian CU knew what they wanted. They wanted to compete against much larger CUs with services. They saw this was possible with Sharetec and liked all the new tools they can use to offer really good services to current members and potential members.”

About Meridian Credit Union
Meridian Credit Union was formed in 1952 as the "Ottumwa School Employees Credit Union" to serve Ottumwa School district educators and their families. The Credit Union remained a tenant of the school district until June 2006 when it moved to a new location. In 2008 the credit union changed their name to Meridian Credit Union and became a community credit union, opening membership eligibility to persons living or working in the following counties: Appanoose, Davis, Jefferson, Keokuk, Mahaska, Monroe, Van Buren and Wapello County.

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.

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

The 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
 

Eltropy sm
PRESS RELEASE

November 5, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces a strategic partnership with Eltropy, “The Best* text messaging-based platform for Credit Unions.” The partnership aims to help Credit Unions better reach and support members through Text Messaging.

“Sharetec is always on the lookout for standout products that will help our Credit Unions support their members,” said Greg McEachern, Treasurer at Sharetec. “Finding Eltropy has allowed us the opportunity to offer a secure and compliant way for Credit Unions to reach their members through Text Messaging. This multi-faceted product can be used to market to new members, process loan applications, assist in the collections process and much more. We couldn’t be more excited to begin this partnership with Eltropy.”

“Our strategic partnerships, like this one with Sharetec, are important to Eltropy as we constantly strive to help Credit Unions best communicate with and serve their members,” stated Ashish Garg, Co-founder and CEO of Eltropy. “Eltropy shares many of the same values with Sharetec, including the commitment to create products that meet the needs of the entire ecosystem of Credit Unions, regardless of size. As we continue to increase our footprint in the industry, we look forward to working with Sharetec to achieve our scaling goals.”

With Covid-19 still playing a major role in the daily processes and communication for Credit Unions, the partnership is a timely response in order to boost member experience. Text Messaging is the best way to stay engaged with members as well as maintain productivity in the pandemic era.

Both companies’ agility and commitment to Credit Unions make this a strong partnership that goes beyond reselling to significantly enhance member engagement.

About Eltropy

Eltropy enables Credit Unions to communicate with members over Text Messaging in a secure and TCPAcompliant way. Using Eltropy’s platform, Lending, Collections, Sales, Marketing, Service, Risk Management, Internal Communications and other teams at Credit Unions leverage Text Messaging to boost member engagement and enhance the member experience. 

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 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 and Conditions

For PDF version, click here

CPI Image1

PRESS RELEASE

November 10, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of
simplicity, announces a core integration with CPI Card Group® (CPI), a payment technology company and leading provider of credit, debit and prepaid solutions.

Through the collaboration, CPI’s Card@Once solution is integrated with Sharetec’s core software platform, allowing its credit union clients to instantly issue and print EMV® compliant and dual interface capable payment cards to branch members through Sharetec’s core system.

With the new core integration, credit unions can now take advantage of an end-to-end, cost-effective print solution – with dual interface card personalization capability. This solution gives them greater versatility and speed in responding to customers’ needs, whether for a new account or card replacement. Integrating Card@Once streamlines the experience for branch staff as well, eliminating the need for dual entry.

“Our collaboration affords advantages for branch staff and members alike. The combined ease-of-use, speed and convenience elevate the branch experience, punctuated by cardholders getting to leave with a dual interface card in their wallet,” said Rob Dixon, Director, Product and Business Development at CPI Card Group. “We look forward to working more with Sharetec as they equip clients with an integrated instant issuance solution that provides a competitive edge.”

“The ability for members to quickly obtain a personalized, contactless capable card in-hand is a valuable convenience for credit unions to offer – and reflects our commitment to helping clients continuously enhance their member experience,” said Matt Isger, Regional Director for Sharetec System.

About CPI Card Group®
CPI Card Group® is a payment technology company and leading provider of credit, debit and prepaid solutions delivered physically, digitally and on-demand. CPI helps our customers foster connections and build their brands through innovative and reliable solutions, including financial payment cards, personalization and Software-as-a-Service (SaaS) instant issuance. CPI has more than 20 years of experience in the payments market and is a trusted partner to financial institutions and payments services providers. Serving customers from locations throughout the U.S., CPI has a large network of high security facilities, each registered as PCI compliant by one or more of the payment brands: Visa, Mastercard®, American Express® and Discover®. Learn more at www.cpicardgroup.com.

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 three years.

Matt Isger
Regional Director 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

Menlo Survey FCU logo
PRESS RELEASE

October 7, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, would like to wish Menlo Survey FCU a Happy Two-Year Anniversary with Sharetec!

“Menlo Survey FCU was very fortunate to have converted to Sharetec in 2018. Not only did the conversion save the credit union a tremendous amount in data processing costs, it brought us together with wonderful business partners,” says Kelly Keniston, CEO. Deborah Resavage, VP of Sales for Sharetec, also expressed her satisfaction with the burgeoning partnership, “We are so glad that Kelly and Menlo Survey FCU joined the Sharetec family and that we are continuing to meet their and their members’ needs, especially during such a challenging time.”

Kelly explained, “When COVID-19 hit, the credit union was ready to adapt operations within 24 hours. That ability was due to our partnership with both Sharetec and Unicom. Sharetec and Unicom set up our system in such a way as to be adaptable to multiple work environments. While the focus was about how to operate our retail branches in a more forward-thinking way, Sharetec and Unicom’s set up for us allowed us to take currently existing tools and immediately transition our branches to accommodate remote work. I am forever thankful that we moved to Sharetec when we did. We could not have gotten through shelter in place without them.”

Sharetec would like to again wish Menlo Survey FCU a happy two-year anniversary and looks forward to many more years to come!

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

About 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 2,700 members, Menlo Survey FCU has just under $69 million in assets.

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 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 and Conditions

For PDF version, click here.