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News

CrossRoads

PRESS RELEASE

March 31, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces CrossRoads Financial FCU in Portland, IN, has selected Sharetec to be their next core processing system.

“Sharetec offered the updated core processing system we desired to provide improved services for our members,” said Donald C. Gillespie, President/CEO of CrossRoads Financial Federal Credit Union. “From our initial conversation with Sharetec they concentrated on determining and meeting our needs with a personal, tailored approach. We are excited about streamlining our current procedures and the opportunity to offer a top-of-the-line member experience in our offices and across digital platforms.”

With a variety of new improvements that will be added to the credit union, many CrossRoads employees have shared their excitement about online and mobile banking that will offer an updated and modern look, and an easy mobile facial login experience. Another benefit members will have is the ability to receive real-time email or text alerts, with a variety of alerts available to choose from like automatic daily balance, balance falling below a certain amount, and loan payment reminders.

One of the most important improvements to the credit union will be convenience and ease of the system to help them improve their services provided to members. Over 90 cumbersome processes will be streamlined compared to what the CU is working on now. CrossRoads Financial FCU is looking forward to bill pay ease of use, scanning bills, and working with companies to make electronic payments possible - instead of paper checks.

Matt Isger, Regional Director for Sharetec, comments, “CrossRoads Financial FCU is focused on offering all members the services they are wanting. No longer will younger members tell the credit union they found better digital & online services elsewhere. The credit union will no longer work diligently to educate the high school students, only to see the students join another financial institution when they want person to person (P2P) transfers or account to account (A2A) transfers.”

About CrossRoads Financial FCU
Located in east central Indiana, people and finances meet at CrossRoads Financial Federal Credit Union. Founded in 1950 by a group of Portland Forge employees, these foresighted individuals liked the idea of having access to a Credit Union----a not-for-profit financial cooperative, built on a philosophy of people helping people. CrossRoads has 100 Select Employer Groups with 9,100 members being served at four locations. Today, CrossRoads remains committed to our mission of Helping members meet their financial needs… one CrossRoad at a time.

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.

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

EvansvilleFF

PRESS RELEASE

March 19, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Evansville FireFighters Federal Credit Union (EFFCU) new core software, Sharetec, has paid for itself.

Lori House, CEO of EFFCU, comments, “This change has allowed us to reduce our staff by one employee, saving us over $37,000 per year. Our income also went up an additional $17,000 once we cancelled our contract with an outside vendor and started using Sharetec’s Courtesy Pay. Upgrading to Sharetec was one of the best decisions we have made.” The benefits Sharetec has to offer has in turned helped pay for the cost of converting to a new system that most credit unions fear.

EFFCU wanted to find a core system that would not only provide their members with attractive modern services, but also allow the staff to be much more efficient using the system. Making the decision to switch to Sharetec has proven great success.

Matt Isger, Regional Director for Sharetec, comments, “Some credit unions have been on systems so long, and are under false assumption that a cheap core system bill is doing them a favor. Where in fact, we have found that automation in today’s modern systems easily make up the difference and then some. New technology simply has ways to bring in more value and dollars to the credit union.”

To read the full case study, click here. For more case studies on Sharetec, click here.

About Evansville FireFighters Federal Credit Union
Established in 1936, Evansville FireFighters FCU serves Evansville Firefighter Department, Evansville Police Department, and Fraternal Order of Police #73.

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
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.

WellnessFCU1

PRESS RELEASE


February 27, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that Wellness Federal Credit Union in Hartford, Connecticut, has selected Sharetec as their new core operating system.

Wellness Federal Credit Union’s CEO, Cheryl Calabrese, said they chose Sharetec because it is a safe, secure platform that will improve their digital services while utilizing the newest technology. Ms. Calabrese expressed that “After the conversion, our core data system will effortlessly communicate with the online banking, mobile banking, and debit card platforms. This will greatly improve the service we deliver to our members and provide a much-improved look and feel to our digital offerings.”

Joe Reis, Regional Manager for Sharetec, added that Wellness FCU will gain operational efficiencies throughout the organization. “Sharetec’s tight integration will go a long way at Wellness,” says Reis. “Information will now flow throughout the various departments and branches of the credit union, pleasing both members and associates alike. Sharetec automation and the resulting up-to-date information will allow Wellness to provide bottom line results that are not always available to small to medium size credit unions.”

About Wellness Federal Credit Union
Established in 1955 as Hartford Hospital Employees Credit Union and later Hartford Healthcare FCU, Wellness Federal Credit Union has been successfully serving thousands of members in the healthcare field for over 60 years. Focused on the financial wellness of their members, Wellness FCU is committed to bringing new member access, tools, and support that fit into their members’ daily lives.

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.

Joe Reis
Regional 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.

Methuen
PRESS RELEASE

March 10, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Methuen Federal Credit Union in Methuen, Massachusetts, has chosen Sharetec as their new core operating system.

When asked about their decision to move to Sharetec, Methuen Federal Credit Union CEO, James Brouder, said, “Having realized that our current core system was lacking in many areas, the credit union decided to search for a replacement. After evaluating several options in the industry, we made the decision to go with Sharetec. We look forward to bringing our data processing systems into the 21st century. We expect that Sharetec will partner with our credit union for many years to come and provide our members with many top-notch solutions.”

Joe Reis, Regional Manager for Sharetec, added, “In addition to sharing Sharetec’s vision for the future, we were able to demonstrate to Jim and his team at Methuen that we have the answers that their members need and want today. As more members demand member facing alternatives such as integrated Mobile, Online Banking and card services within these applications, Sharetec meets those demands today, with user friendly capabilities.”

About Methuen Federal Credit Union
Established in 1956 as Methuen Municipal Employees Credit Union, they have been proudly serving Methuen Municipal employees and their families for over 60 years. In 2012 the credit union moved to its current location at 248 Broadway and changed its name to Methuen Federal Credit Union. In January of 2018 they expanded its charter and now serve all members of the community of Methuen, Massachusetts. Methuen Federal Credit Union is a member of the Credit Union Collaborative Network of the Merrimack Valley, which is a community of credit unions sharing knowledge and working together to better serve its 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.

Joe Reis
Regional 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 a PDF version, click here.

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.