Leading Credit Unions into the Digital Revolution, Eltropy uses their world-class digital communications platform to help Credit Unions improve operations, engagement, and productivity. Teams across the entire Credit Union can leverage Eltropy’s award-winning, secure and compliant Text Messaging platform to increase member engagement, as well as relevant insight via Analytics. Sharetec Credit Unions like Harvester Financial Credit Union and Platinum Federal Credit Union have utilized Eltropy’s digital communication services to provide their members a variety of opportunities through lending, sales, marketing, IT, contact center, collections, reviews, and more. There are several Sharetec partnered credit unions that are utilizing Eltropy and below are two credit unions that have seen significant engagement while using Eltropy with their members. With today’s technology driven world and the increase in younger members, it is important for credit unions to adopt and offer easier ways for members to engage through their mobile devices.

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 2021. 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.

“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

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Credit unions are having great success with Big Data through the Sharetec system, which helps credit unions grow and be more responsive to member needs. Sharetec big data processing, provides several tools for retrieving and analyzing credit union data including Results, a graphical report writer native to the operating system, and Quick Query, an easy to use intuitive graphical report writer. Additionally, by utilizing ODBC (Open Database Connectivity) credit unions can use popular productivity tools such as Microsoft Excel, Access, Word or Crystal Reports to easily create marketing materials and reports.

Some credit unions utilize Sharetec as a marketing tool to market new products and services to current members. Elizabeth Olson, Marketing Coordinator at Harvester FCU states, “The Results tool is very easy to use and offers a variety of opportunities to market to our members. We can target members who do not have Overdraft Protection for everyday debit and ATM transactions. We have also increased our overall percentage of opt-ins for members that qualify. Sharetec Results is a great tool to grow credit unions by providing pertinent data at any given moment for different marketing campaigns. This is something every credit union should be using.”

To read the full success story, click here


Large Government Organization Increases Collections Productivity by 30% Using Specialist Collections Software

A large local government management organization serving a population of 149,000 had recently undergone a period of transformation to centralize its debt management function. Collections for all the various payments due to the municipality were centralized in an effort to improve average performance. While this effort produced positive results, the organization still felt there was room for improvement in their technology infrastructure to help drive a best practice approach.

To address these challenges, the organization implemented Rocket Collector, Sharetec’s Specialist Collections Software that assists a variety of industries/ organizations with significantly reducing costs, collecting more debt and saving time.

To read the full case study, click here

Before converting to Sharetec, Winnebago Community Credit Union (WCCU) asset size was around $15,000,000. Since converting to Sharetec over 20 years ago, WCCU has had remarkable success growing their asset size to more than $140,000,000, including a huge increase in their loans. This growth brings them to an incredible asset size increase of 830%.

Tony Tiede, President of WCCU, comments, “Sharetec has provided efficient and effective software and support over the last 20 years. Our goal is to continue to grow aggressively by “Helping Make our Members Dreams Come True” with Sharetec as a major partner.”

To read the full case study, click here

22 Christmas UsersConference

The 2022 Sharetec Users Conference is the place to be September 25-28th. 

Registration fee is only $899 if you register before December 31st!
(Registration fee increases to $975 starting January 1st, 2022.)

Click here to register now. 

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