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PRESS RELEASE

October 20, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces three more Indiana credit unions are leaving ERS and moving to Sharetec to be their next core system.

Sharetec is proud to announce three credit unions, all located in Indiana, have made the decision to move to Sharetec. Riverside Community FCU, located in Marion, T.H.P. Federal Credit Union, located in Terre Haute, and Whitewater Regional Federal Credit Union, located in Connersville, are leaving ERS after an extensive review and analysis of the products and services offered through Sharetec.

Micah Wright, CEO of Whitewater Regional FCU, comments, “After looking at multiple core systems, we felt the technology that Sharetec uses was a perfect fit for our credit union. My staff felt at ease with how easy Sharetec was to navigate. The fact that they are local to Indiana also contributed to our decision. Lastly, it gave us a huge peace of mind knowing that so many Indiana credit unions are using the Sharetec platform.” Tim Moorman, President of Riverside Community FCU, adds, “The team is excited to move into the Sharetec system, and hope to use it as long as we had our last system.”

All three credit unions will be utilizing Sharetec products like eNotices, eReceipts, and Dashboards to better serve their members. Matt Isger, Regional Director for Sharetec, comments, “Sharetec is humbled to welcome these credit unions. We have called on them for so many years, and now we are excited we get to serve them as they grow their credit unions.”

About Riverside Community Federal Credit Union
Since 1940, Riverside Community Federal Credit Union has provided first-rate, affordable financial services to its members, which includes anyone who lives, works, goes to school, or worships in Grant County, Indiana.

About T.H.P. Federal Credit Union
T.H.P. Federal Credit Union opened in 1941 and offers various banking and financial related services to employees of the Federal Correction Complex of Terre Haute.

About Whitewater Regional Federal Credit Union
Providing fast, friendly, convenient service for all their members since 1939, Whitewater Regional FCU is located in Connersville, IN, and serves Fayette, Franklin, Rush, and Union Counties.

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
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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 and Conditions

For PDF version, click here.

ScottWhiteSavvy 

PRESS RELEASE

October 13, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Scott & White Employees Credit Union (SWECU) in Temple, TX, has experienced great success through Sharetec’s partnership and integration with SavvyMoney.

Celeste Kaylor, President/CEO of Scott & White Employees Credit Union comments, “The SavvyMoney solution provides users access to money-saving pre-qualified loan offers based on their credit score, simultaneously creating real-time targeted marketing lists for credit unions. SWECU is very pleased with the product and we have seen great successes! We have implemented marketing tools and promotional offers which have increased our loan applications and loan funding totals.” JB Orecchia, President and CEO of SavvyMoney, said, “We are thrilled that SWECU is seeing great results from our credit score product. A win-win for the member and the credit union!”

Sharetec’s partnership and integration with SavvyMoney is a solution that provides comprehensive credit score analysis, full credit reporting, monitoring, and personalized offers—all in one dashboard. With SavvyMoney your members will have instant access to their credit score, credit report, personalized money-saving offers, and financial education tips on how to improve their score. Deborah Resavage, VP of Sales, Sharetec System, comments, “We couldn’t be more pleased with the successful partnership that we have with SavvyMoney. This partnership provides our customers with best-in-class service and real results!”

To read the full success story, click here.

About Scott & White Employees Credit Union
Located in Temple, TX, Scott & White Employees Credit Union is a full-service financial institution with approximately 4,376 members and $65 million in assets.

About SavvyMoney
SavvyMoney is an award-winning fintech company who works with over 700 financial institutions. SavvyMoney provides an integrated credit report and score solution right into financial institutions’ online and mobile banking. Customers get actionable advice about their credit score, report, and saving opportunities from pre-qualified loan offers. SavvyMoney's analytics platform provides the financial institution with full visibility to users’ credit scores trends, wallet share analysis, and targeted lending campaigns. 

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
VP of Sales
1-844-802-4441
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.
 

AuburnCanalsPhilad

PRESS RELEASE

August 4, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, is pleased to announce the milestone anniversaries of three of its key clients. The 15-year relationships that Sharetec has built with Auburn Community Federal Credit Union (ACFCU), Canals & Trails Credit Union (CTCU) and Philadelphia Letter Carriers Federal Credit Union (PLCFCU) are worthy of celebration, as each one reflects remarkable longevity and success.

Paul Malinowski, Chief Operations Officer, ACFCU, is happy to have such a valuable partner in Sharetec, who has supported their success since day one. “Sharetec has helped our credit union achieve its goals and objectives. For the past 15 years, we have considered them a part of our team as we work together to serve our membership and grow our credit union,” he explained.

Sharetec’s products and services are highly valued by CTCU, primarily due to the enhancements that the system has made possible. Janet Schuler, President, CTCU, stated, “Sharetec has helped us become more efficient, allowing us to give our members better services. We truly appreciate the commitment and support that the Sharetec team has given to us during the last 15 years.”

Robert Pino, CEO, PLCFCU, said that he and his staff think of Sharetec as a true partner. “The solutions that Sharetec provides are as good as you’ll find in the industry. Yet what separates Sharetec from the competition is their level of service,” he noted. “We deal with a lot of vendors, yet none want to see us succeed like Sharetec does. Whether talking us through a problem on a Friday, or meeting us on a Sunday to provide us with a new server, we can always count on Sharetec to offer the right solution—they’ve earned our absolute trust.”

Prior to selecting Sharetec, the credit unions were seeking an advanced core processor with a long list of benefits that would significantly impact their daily processes, as well as help them enhance their member services and stand above the competition. Partnering with a reliable vendor that evolves with changing technology and needs was vitally important, as was having timely and exceptional support.

Several issues that were encountered prior to 2006 remain common in the industry, including slow processing, lagging membership growth, increasing operational expenses and inadequate support. By partnering with Sharetec, the credit unions were able to move toward vast improvements. The solution’s leading-edge technology and the people behind it greatly enhanced functionality and efficiencies for both members and employees. They continue to benefit from a wide range of features, such as a user interface that decreases training time and the need for frequent support. Over time, the ROI was apparent, resulting in a lower cost of total ownership for the credit unions.

Dan Miller, VP, Sharetec, is pleased that so many Sharetec clients have become long-term business partners. “Our solution provides a solid foundation and so many tools to help credit unions not only improve processes but grow as a business,” he remarked. “We take pride in continually enhancing our features and functionality, which has added to our credit unions’ success and to the longevity of our relationships. I congratulate and thank each of our 15-year customers for valuing our partnership—as we value them.”

About Auburn Community Federal Credit Union
Since 1936, Auburn Community Federal Credit Union of Auburn, NY, has been a trusted provider of financial services in the Central New York area. As a member-owned credit union, they are committed to serving those in Cayuga, Onondaga, Oswego and Madison Counties, and to providing dedicated, friendly service as they keep the best interest of its members and their community in mind.


About Canals & Trails Credit Union
Since 1959, Canals & Trails Credit Union of Lockport, IL, has proudly remained an independent financial institution that provides high-quality service and satisfaction to its members. They serve the Lockport, Romeoville, Bolingbrook, Crest Hill, Homer Glen, Mokena, New Lenox, Orland Park, Lemont and Plainfield school districts, as well as many local businesses and government groups.


About Philadelphia Letter Carriers Federal Credit Union
Philadelphia Letter Carriers Federal Credit Union of South Philadelphia, PA, has been offering letter carriers and their families affordable banking, financing and loan options since 1947. The credit union takes great pride in their service, and the fact that when anyone calls during regular business hours, an employee will always answer to help in any way they can.


About Sharetec
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment, 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, Sharetec System
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

HarvesterPlatinumEltropy

PRESS RELEASE

August 11, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces long-time customer Platinum Federal Credit Union and Harvester Financial Credit Union have had great success after signing up with Eltropy to provide members more opportunity through digital communications.

Kabir Laiwalla, CEO of Platinum Federal Credit Union, comments, “The platform for Eltropy is much better and user friendly compared to our last provider. The overall layout of the system is very pleasing to the eye and very simple to navigate. When you dive into the main messaging area you can easily start a conversion with a member or open a new message.”

“We went live with Eltropy in June of this year. The adoption by the members has been quick and successful as we immediately started getting text messages on a variety of issues, including inquiries about obtaining a loan. We have seen the usage go up each week since implementation,” comments Jason Ford, President/CEO of Harvester Financial Credit Union.

Ashish Garg, founder and CEO of Eltropy, comments, “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.”

“Eltropy is a great partnership for Sharetec because it allows our Credit Unions the power to connect with their members and stay competitive in a world where quick service is so important. This platform is easy to use and comes with so many benefits: workflows, automations, compliance and security all in one,” comments Carrie Heck, Regional Director for Sharetec.

To read the full success story, click here.

About Eltropy
Eltropy enables Financial Institutions to digitally engage in a secure and compliant way. Using our world-class digital communications platform, Credit Unions, Banks, Debt Collectors, Insurance Companies, Lenders and FinTechs can improve operations, engagement and productivity. Eltropy also integrates with IT systems and uses Analytics to provide member engagement insights.

About Platinum Federal Credit Union
Platinum Federal Credit Union was founded in December 1999 to serve the financial needs of Shia Imami Ismaili Community Members. Today, with over 10,000 members and assets in excess of $200 million, we are among the fastest growing credit union.

About Harvester Financial Credit Union
Since 1954, Harvester Financial Credit Union has grown its membership to serve residents of Shelby and Marion counties in Indiana. They have over 5,000 members and more than $70 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.

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

NatcoLogo2021sm

PRESS RELEASE

July 20, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Natco Credit Union in Richmond, IN, extends contract another 10 years.

Cindy Duke, CEO of Natco Credit Union, comments, “Our partnership with Sharetec dates back more than 25 years. In an environment where technology plays a key role in where and how consumers bank, we are always looking for ways to bring new technology to members and prospective members. With Sharetec’s new approach and vision, we feel we have found an excellent way to do this by utilizing the vendor partnerships they have established. We are excited to sign a 10 year contract with Sharetec, working with Carrie Heck and the Sharetec team has given us the assurance that our partnership is strong. As we continue to grow, Sharetec will grow with us to ensure we are offering cutting-edge technology.”

“Natco Credit Union’s contract renewal is a huge win for us as many of our staff contributed and always enjoy working with the Natco team. When a client renews for such a long term, it is always a big deal for us. The dedication and hard work the Sharetec team provides our client’s is one of the many reasons we are able to help credit unions achieve their goals and serve their members,” comments Carrie Heck, Account Relationship Manager for Sharetec.

About Natco Credit Union
Established in 1945, Natco Credit Union currently serves over 16,000 members with just under $133 million in assets. Membership in Natco Credit Union is open to anyone who lives or works in the following Indiana counties – Wayne, Fayette, Randolph, Henry, Rush, Union and Franklin. Membership is also available to any industrial worker within a 25 mile radius of Richmond and family members of an existing member.

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
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