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 Some struggles on our old system consisted of outdated digital banking & member service technology which made for a poor member experience.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
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