Your core touches every member interaction, every loan decision and every back-office process. Credit unions often run those functions across three or four disconnected systems—one for accounts, another for the general ledger, a third to originate loans, each with its own login and its own license.
Sharetec Velocity brings your entire operation into one.
Member servicing, lending, accounting and reporting run on a single platform and a shared database, so everyone works from the same information, the work moves faster and the numbers always agree.
A teller pulls up a member profile and everything is right there: balances, recent transactions, account history, the loan they asked about last week. Transfers, requests and routine service all happen in Velocity without toggling between systems.
Instead of memorizing transaction codes, staff type what they need in plain language and the screen adjusts to the task. New hires get up to speed in hours, not the months that green-screen systems still demand across the industry.
Faster onboarding and less training time
Improved staff efficiency
Consistent member service
Secure access from any modern browser
Velocity is a centrally hosted, browser-based core processing platform built specifically for credit unions. It runs the daily operation in one system: opening accounts, servicing members, booking loans, closing the books and pulling reports.
More than 30 capabilities are built by Sharetec, with another 20-plus partner products connected through a robust integration layer, so everything shares the same data and nothing feels bolted on.
Velocity includes capabilities that many cores charge extra for, giving your credit union more functionality without the added cost.
Originate, decision and service loans inside the core, from application through payoff. Many cores hand lending off to a separate origination system with its own database and login, but Velocity keeps the whole process in one place.
Explore LendingIntegrated accounting that works off the same database as member and loan data, so finance can report across the general ledger and member accounts together, in real time.
Explore Accounting and Back OfficeA handful of carefully chosen partners that extend what the core can do, connected directly to the platform.
Explore IntegrationsHundreds of standard reports come built in, with self-service, point-and-click access across the platform, exported to Excel or PDF. For deeper analysis, Advanced Analytics goes further. Self-service, point-and-click reporting across the platform, exported to Excel or PDF.
Explore Reporting
Advanced Analytics is an optional add-on that goes deeper than standard reporting. Build customizable dashboards, track trends across months and years, drill into the numbers behind any figure and generate board-ready PDFs in a click, all without leaving the core or relying on technical staff.
Notebook is an optional add-on that brings CRM-style collaboration inside the core. Document member interactions, manage follow-ups, store supporting documents and keep a full history of a conversation in the context of the member relationship, instead of spreadsheets and email chains. It also tracks compliance documentation, so the backup an examiner requests is a couple of clicks away.
Choosing a core is a years-long commitment. The real risk is outgrowing the system, or the vendor.
Velocity grows with you, backed by a company that has served credit unions and nothing else for more than thirty years. As your credit union takes on more members, more complexity and more competition, the platform is built to keep pace rather than hold you back.
Switching from another core? Sharetec has handled the conversion for nearly every credit union it serves and runs the whole process, start to finish.
Sharetec maintains and improves Velocity on an ongoing basis, so credit unions stay current without having to manage upgrades themselves.
Most credit unions convert to Velocity from another core, and Sharetec runs the whole process, including planning, data conversion, validation, training, testing and go-live support. A typical conversion takes six to eight months, with planning often starting a year or more ahead, which is faster than the timelines large legacy providers are known for. Because Velocity is configurable rather than custom-built, it stands up without the heavy staff involvement other modern cores require.
Velocity is a centrally hosted, browser-based platform, so there's nothing to install and nothing tied to a single machine. Because Sharetec hosts and maintains it, credit unions don't need dedicated IT staff to keep it running, which matters for nimble organizations where one person often wears every hat. Staff access the full core from any modern browser.
Sharetec combines on-site trainers with a learning management system that delivers role-based, self-guided coursework, so staff can work through much of the learning ahead of go-live and confirm what they've retained along the way.
Sharetec invests in people who understand both the technology and the credit union industry, and support continues well past go-live. In the first days on the new system, Sharetec staff are on site, working alongside tellers and helping balance drawers.
Velocity is built for enterprise-grade security and reliability. Because it's centrally hosted and maintained by Sharetec, monitoring, maintenance and incident response are handled for you, with no servers to babysit on site. Sharetec's team works to keep the platform available around the clock and to resolve issues quickly when they arise.
