Congratulations to LorMet Federal Credit Union in Amherst, Ohio, on their core conversion! The conversion was a great success and the Sharetec team is excited to have them.

“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.”

Daniel Cwalina, President/CEO, LorMet Community FCU

Banking on the go continues to be the norm as more and more financial institutions integrate the latest technology that consumers are demanding.  Users log in an average of 3.7 times per week with an average session lasting 1 minute, 14 seconds.  These times are up when compared to last years.  Fifty-one percent of adults banked online last year, up from 46 percent in 2010, according to a 2013 study by Pew Research Center’s Internet & American Life Project.  And 32 percent used their cell phones to perform financial transactions, up from 18% in 2011.   Hard numbers reveal that Mobile Banking is a must have for credit unions to stay competitive.  Banking on the go is convenient and appeals to the younger members. Research shows that member numbers are increasing with more and more younger members
joining credit unions.  They are looking for credit unions offering the newest technology such as Mobile Banking that lets members bank on the go.

Sharetec’s Mobile Banking allows you to deposit your check from your phone simply by taking a picture of it and clicking send.  It also allows you to make transfers from one account to another, pay bills and much more.

Mobile Banking

More than 25% of U.S. households use Mobile Banking via text messaging, mobile browsers and downloadable apps, according to a survey by a financial service technology firm.

Mobile Banking allows members to securely manage their accounts whenever and wherever they want.  With Sharetec's Mobile Banking they can use our intuitive, easy – to – read screens to access balance information, pay  bills, transfers funds and find nearby ATMs or branches simply by using the browser on their mobile phone.

  • Apps
  • Mobile Website
  • Text Banking

This type of mobility allows members to have a branch in every pocket.  Members can bank with complete confidence that their personal information is protected by advanced encryption technology to prevent unauthorized access.

Click here to read article on the 5 Missed Chances That Cost Money.

Mass Family CU Logo copy

Northern Data Systems (NDS), an owner and distributor of the Sharetec Core Processing System, announced it has been selected by Massachusetts Family Credit Union to replace its current core processing solution. The Sharetec core processing system is installed at nearly 300 credit unions nationwide.

“We are looking forward to implementing technology for Massachusetts Family CU that will allow them to provide exceptional service to their members while enabling them to better compete in the greater Boston marketplace”, commented Joe Reis, Regional Sales Manager for NDS/Sharetec.

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Congratulations to RiverWood-Maritime Credit Union in Two Rivers, WI, on their core conversion! The conversion was a great success and the Sharetec team is excited to have them.

"Choosing a new data processer was a difficult but critical decision for us. After speaking to other Sharetec customers and seeing what Sharetec had to offer our credit union, especially around ease of use with member service and additional income possibilities, we knew it was the right decision for us."

Bonnie Trimm, President of RiverWood-Maritime Credit Union