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News

WACO
PRESS RELEASE

June 27, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the
technology of simplicity, announces 25 Year Anniversary of Waco Federal Credit Union.

Tony Head, President/CEO of Waco Federal Union, commented, “Your core system needs to support your credit union’s vision for serving you and your membership. We have continued our relationship with Sharetec for 25 years due to the efficiency the system provides, and the great support we receive from everyone at Sharetec. The personalized service has made us feel like family. Providing value and a great relationship is the key to a long-term partnership between a credit union and its core, and we hope it continues for years to come.”

“Working with customers like Waco Federal Credit Union makes our job easy! They aren’t just a number to us, they are like family,” stated Jan Franklin, Customer Relations Manager for Sharetec. “Tony and the rest of the team at Waco Federal routinely volunteer to beta test new programming. This helps us make sure that improvements to the Sharetec core are stable before rolling them out across the entire customer base. They are partners in every sense of the word.”

About Waco FCU
Chartered in 1949, Waco FCU is a member-owned financial cooperative providing financial banking services to anyone who lives, works, worships or goes to school in McLennan County, TX, as well as multiple member groups and their immediate families.

About Sharetec

Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, building income streams and lowering operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

David Seibert
Relationship Manager
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 & Conditions

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news
PRESS RELEASE


June 18, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that Holley Credit Union, based in Paris, Tennessee, has opted to move forward with the Sharetec core processing solution. 

While weighing their core processing options, Holley Credit Union had two objectives clearly in mindto replace a legacy core processing system that was no longer receiving investment and hampering the credit union from keeping pace with changing technology; and to significantly increase automation, which would enable them to reduce busy work and shift their focus more towards meeting their members’ growing needs.

According to Dan Miller, Vice President, Sharetec, Holley Credit Union was seeking an innovative, long-term core processer that would bring them up to speed and help them excel within the highly competitive credit union industry. “Since the core processing system is vital to Holley's future success, it was imperative that they choose a new provider that would meet all of their needs,” states Dan. “They researched their options thoroughly, and reached out to existing Sharetec clients, which yielded several favorable testimonials that positively impacted their decision-making process.”

Holley Credit Union was highly motivated by the full features and functionality of the Sharetec solution and the vast capabilities that would be at their fingertips with a fully automated system. The tight integration of third-parties and reduction in the number of vendor relationships that would need to be maintained, as well as Sharetec’s steadfast commitment to meeting their ongoing needs, were also key motivators as they moved closer to their final decision.

Holley Credit Union is pleased with its decision to implement Sharetec and looks forward to reaping the rewards of their new robust core processor. As their manual processes become fully automated with the Sharetec software, the credit union will be able to provide staff with a full featured and modern system that can greatly improve the efficiency of their daily tasks. Likewise, their members are sure to appreciate the cutting-edge internet and mobile tools that will make their banking experience much easier and more convenient. As members are able to leverage technology to satisfy their needs, the daily burden on the employees will be reduced, which will allow the financial institution to function more effectively and efficiently.   As a new Sharetec customer, Holley Credit Union’s staff is anticipating a significant increase in productivity as they spend less time completing menial tasks and more time addressing the growing demands of their membership. They are looking forward to utilizing the many features that Sharetec has to offer, which will help them move to an even greater level of efficiency in the future.

About Holley Credit Union
Established in 1952, Holley Credit Union of Paris, Tennessee, serves over 6,100 members within the counties of Henry, Carroll, Stewart and Weakley. The credit union has adopted a teamwork concept and a "people helping people" philosophy that make it unique among financial institutions. Set up as a financial cooperative, Holley Credit Union’s profits are passed on to members through better interest rates, lower fees and convenience services. As a result of their ongoing success, they have accumulated approximately $58 million in assets.


About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.


Dan Miller
Vice President
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 & Conditions

For PDF version, click here.

Hialeah
PRESS RELEASE

May 30, 2019 - FOR IMMEDIATE RELEASE

Hialeah Municipal EFCU Converts to Sharetec with Outstanding Results LINO LAKES, MN – Sharetec System, core technology made simple, announces Hialeah Municipal Employees Federal Credit Union located in Hialeah, FL, has converted to Sharetec Core with outstanding results.

Patti Gersack, CEO at Hialeah Municipal EFCU, comments, “The guidance and service we received during our conversion to Sharetec was amazing. They walked us through each step, from set up early planning to our “Live” month. We are looking forward to a mutually rewarding relationship with a quality core processor that will enable us to grow and better serve our members.”

“Hialeah Municipal EFCU knew for a long time it wanted to become more efficient and grow the credit union at the same time, and that technology would be a key resource to make that happen. During the selection process we worked hard to understand their goals and the credit union and conversion team prepared and worked hard to make that a reality with the conversion to Sharetec,” remarked Keane Kulak, Regional Director at Sharetec. “We are very excited about the results they have already seen and even more excited about the future our partnership will provide for both the staff and members of Hialeah Municipal EFCU.”

About Hialeah Municipal Employees Federal Credit Union
Established in 1951, Hialeah Municipal EFCU, currently serves employees of the city of Hialeah, Florida; employees of the credit union; members of their families. We are excited to offer more products to our membership through Sharetec.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, building income streams and lowering operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Keane Kulak
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

Allied Logo 2019mfcu
PRESS RELEASE

June 11, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, announces the successful launch of Allied Payment Network’s PicturePay® and P2P digital payment solutions at Madison, Wisc.-based Members First Credit Union. According to credit union officials, they implemented Allied’s technology as a way to successfully grow its checking accounts and encourage members to make the credit union their primary financial institution.

PicturePay technology allows members to pay bills and set up payees from their mobile phone by simply taking a photo of their bill. Allied’s P2P solution provides real-time person-to-person transaction speed, allowing recipients to accept payments through standard ACH or in real time to their debit cards.

“After seeing Allied Payment Network at Sharetec’s Users Conference, we knew we wanted to utilize its technology for our many members, whose primary relationship with the credit union is auto and HELOC loans,” said Jenny Kutz, Vice President of Operations for Members First Credit Union. “We thought PicturePay would be a great way to help push checking accounts to these individuals.” According to Kutz, implementing both of Allied’s services grew the number of members who use bill pay by 25% and, in turn, these members increased usage on their checking accounts. Additionally, Kutz reported that transactions initiated through PicturePay and P2P have increased approximately 50% compared to the credit union’s previous bill pay provider.

“The enhanced user experience PicturePay and P2P provides helps drive bill pay adoption and creates ‘stickiness’ with the member,” commented Chris O’Brien, Vice President of Business Development for Allied Payment Network. “Sharetec has been instrumental in introducing Allied technology to credit unions like Members First and helping them realize tangible success.”

"Providing our clients more options when offering their members online bill payment services helps our credit unions increase their online banking interaction while keeping their members happy, said Carrie Heck, Account Relationship Manager for Sharetec. “Members are constantly looking for the latest tools to meet their financial needs and providing Allied’s convenient and easy-to-use payment solutions on the powerful Sharetec mobile platform is a great win for our customers.”

To read the full case study about Members First Credit Union launching Allied Payment’s PicturePay® and P2P solutions, visit us at http://www.sharetec.com/case-studies.

About Allied Payment Network
Allied Payment Network is an industry-leading provider of emerging bill pay technologies to the financial services industry. With its award-winning solution, PicturePay®, Allied pioneered the first mobile photo bill pay application for smartphones and has brought the same level of innovation to its full suite of online and mobile bill pay channels, including solutions for Internet bill pay, small business payments, person-to-person, account-to-account payments and online loan payments, among others. For more information, visit www.AlliedPayment.com.

About Members First Credit Union
Established in 1954, Members First Credit Union is a full-service community credit union located in Madison, WI.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, building income streams and lowering operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

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.

 

clickswitch 

PRESS RELEASE

April 9, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, partners with ClickSWITCH to help Sharetec Credit Unions engage more members.

With many credit unions struggling to keep members happy and become their primary financial institution (PFI), they need products and services that are going to meet their needs. Through the partnership with Sharetec, ClickSWITCH offers credit unions a unique solution that converts account holders into fully engaged customers and provides them the ease of moving their direct deposits and recurring payments. “The success Sharetec Credit Unions have had with ClickSWITCH shows just how important it is for credit unions to have something put into place. If members are not offered what they want and need, they will move on to another credit union that will,” comments Carrie Heck, Account Relationship Manager for Sharetec.

“ClickSWITCH is pleased to partner with Sharetec to provide their customers with a seamless integrated experience utilizing ClickSWITCH to grow deposits and increase primary account holders,” said Cale Johnston, Founder and CEO of ClickSWITCH.

Tyler Valentine, President/CEO Laramie Plains FCU, comments, “ClickSWITCH helped the credit union achieve its planned initiative of growing deposits and enrolling new members, who in turn choose us as their PFI. We look forward to using more features to easily market to existing members that don’t have checking accounts, showing them how easy it is to switch with ClickSWITCH.” Tyler continues, “For credit unions looking to grow core deposits and gain more members, I would highly recommend ClickSWITCH. With Sharetec’s integration it’s a simple and easy process to enroll new and existing members.”

To read Laramie Plains FCU full success story, visit www.sharetec.com/case-studies.

About ClickSWITCH
ClickSWITCH is a unique account holder acquisition technology for financial institutions and FinTechs that simplifies the process of bringing new account holders onboard by quickly, safely and efficiently switching their recurring payments from their old accounts to new ones. Based in Minneapolis, MN, the company's industryleading solutions help clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential. ClickSWITCH is a technology leader delivering world-class solutions to financial institutions and FinTechs of all sizes. For more information, visit www.ClickSWITCH.com.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

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.