LorMet Community Federal Credit Union of Amherst, Ohio, has remained responsive to the needs of its members– and its longstanding strategy of the critical value of technological advances in providing efficiency and up-to-date services to its membership. LorMet sought out a flexible and cost effective core processing solution that would streamline their credit union processes and provide maximum productivity to staff and members.

LorMet selected Sharetec, a state-of-the-art solution that offers integrated functionality. It is utilized by more than 300 credit unions, establishing it as one of the most widely installed credit union software packages in the U.S. LorMet was impressed with Sharetec’s potential benefits, which would enable them to improve member facing technologies, efficiencies, up-time, service, and support for their members. Most importantly, LorMet saw the Sharetec solution as allowing them to better serve their valued membership now and into the future with innovative and convenient financial products and services.

Ultimately, LorMet selected Sharetec because it offered the best fit for their needs. Daniel Cwalina, President/CEO, LorMet Community FCU, explained, “We chose Sharetec due to added efficiencies through third-party integration, streamlined processes, and paperless solutions. The member-centric organization and enhanced reporting capabilities provide effective solutions for serving our membership and tracking activity. Our primary goal in the selection process was to not only align ourselves with a processor but a partner that would be responsive to our goals and objectives.”

The partnership between LorMet and Sharetec is a winning combination.

About LorMet Community Federal Credit Union Founded in 1936, LorMet Community FCU is a community not-for-profit member owned financial cooperative with over 18,000 members and more than $145 million in assets. LorMet is comprised of five full-service branch locations throughout Lorain County, Ohio, which include its headquarters in Amherst, as well as locations in Elyria, Lorain, Oberlin, and Wellington.

About Sharetec System Headquartered in Minnesota, and sold through 4 owner companies, Sharetec is a leading provider of core data processing systems to credit unions. Sharetec, a provider of both in-house and service bureau solutions, has a customer base of nearly 300 and has grown 67% since the year 2000.

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