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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.
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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.
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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.
For more information contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..
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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.
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At Sharetec, we develop core processing solutions with two goals: make it smarter and keep it simple. Our system is scalable to meet the needs of credit unions of every size — all while providing a user interface that greatly reduces training time and the need for day-to-day support. Most importantly, we are committed to delivering excellent ROI and lower cost of ownership so you can stay on the cutting edge of technology without cutting into your bottom line.
Here is a quick overview of Sharetec by the numbers:
- Established in 1994
- Over 275 Credit Union partners running In-House and Service Bureau solutions in 35 U.S. States, Puerto Rico, and Caribbean Islands.
- Over $10 billion in assets serving over a million members*
- 50 new credit unions installed over the last three years
- Ranked #6 of top 20 Core Processors in total market share for number of credit unions serviced in the US*
- Sharetec Credit Union partners boast some of the highest ROA’s in the industry*
- 4 strategically located Regional Support Centers providing programming, installation and local sales and support
- 2 Tier III Data Centers boasting 99.99% uptime
- National Software Development Center providing support, quality assurance and documentation to regional support centers.
With an eye toward your growth and member retention, Sharetec strives to provide the most comprehensive support in the industry – with a friendly, personal and localized approach.
To find the support representative for your area, click here.
* Source - Callahan Associates 2021 Supplier Market Share Guide
