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Hialeah

PRESS RELEASE
October 9, 2018 - FOR IMMEDIATE RELEASE


LINO LAKES, MN - Sharetec System, core technology made simple, announces Hialeah Municipal Employees Federal Credit Union located in Hialeah, FL, has partnered with Sharetec to be their next core system.

“We have known for some time that we needed a new technology partner that understands the demands of our size credit union but could provide the services of a large credit union, and Sharetec meets that need,” remarked Patti Gersack, Operations & Compliance Manager at Hialeah Municipal EFCU. “We work hard to provide excellent service to our members and also wanted a company that would provide that same level of service to us and could not be more excited about our conversion and all the new products we will be able to offer on Sharetec.”

In addition to the new services members will gain, the staff will also increase their efficiency with automation and access to the system. They will be able to see the data as they need to see it to make decisions for future growth with a robust reporting system and Executive Dash Boards.

“Hialeah Municipal EFCU is looking to the future and plans to offer a number of new services in the coming months and a new core system was critical to successfully implementing those features. The credit union has always provided excellent service and has found its members wanting to move more of their financial needs to the credit union but their current core could not support those requirements or would mean a significant investment in an older platform.” remarked Keane Kulak, Regional Director at Sharetec. ”Members will soon have access to Checking, Digital Signatures in and out of the credit union offices, Mobile Banking so much more.” 

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 immediate families; and organizations of such persons.

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 with 67% growth since 2000. 

Keane Kulak
844-802-4441 
Regional Director
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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.

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Lennox

PRESS RELEASE
September 27, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, has contributed to the success of Lennox Employees Credit Union in assisting members during a catastrophic EF 3 Tornado.

Lennox Employees Credit Union in Marshalltown, Iowa, experienced a devastating tornado that caused damage to the credit union and the homes and businesses of Marshalltown residents. While the CU was closed during this unexpected disaster, they were able to serve their members remotely with the help of Sharetec Service Bureau.

Pat Anderson, Vice President of Accounting for Lennox ECU, comments, “We were lucky and did not have nearly as much damage as those around us, with many of our members in desperate need of access to their accounts. Sharetec contacted us right away and were awesome in getting the Sharetec icon on my laptop so I could process ACH and Share draft returns while assisting members during this frantic time.”

“With so many disasters happening all around us, it’s crucial for credit unions to have a plan in place. Members need to be able to access their accounts to make it through any disaster and they are counting on their credit union to be there for them. Sharetec’s Service Bureau is a great option for credit unions who want to be prepared,” comments Matt Isger, Regional Director for Sharetec.

To read the full case study, click here.

About Lennox Employees Credit Union
Founded in 1948, Lennox Employees Credit Union is located in Marshalltown, IA and serves employees of the Lennox Furnace Company, all employees and family members of Lennox Industries, Inc. and a variety of Select Employee Groups.

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 nearly 300 credit unions with 67% growth since 2000.


Matt Isger
844-802-4441
Regional Director
This email address is being protected from spambots. You need JavaScript enabled to view it.
@MattIsger4u

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Click here for Sharetec Terms & Conditions

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LorMet

PRESS RELEASE

August 23rd, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, core technology made simple, has assisted LorMet Community Federal Credit Union in achieving several key improvements, resulting from the core processor’s enhanced automation and efficiency capabilities.

LorMet suffered from an inefficient, paper-centric system that required two platforms, which heightened expenses and made research difficult. They also experienced slow support, inadequate reporting for data and analytics, delays in loan processing and lack of adequate staff training. Since transitioning to Sharetec, they’ve recognized maximized efficiency, significant cost savings and key enhancements in daily operations and processes.

According to Emily Bopp, CFO, LorMet, “Having all of our functions on the core was a significant improvement. The integration with operations allowed for faster member service and resolution of issues. And reporting was significantly improved from standard reports that allow you to change the scope based on specific parameters to the ability to query the entire database with an easy-to-use tool.”

Shavena Brown, V.P. of Operations, LorMet, stated that they have the ability to make changes on their own that they typically would have to request core processor support personnel to complete. This allowed them to take advantage of the entire system, specifically the tools available to make customizations according to their credit union’s needs.

LorMet is pleased with their transition to the Sharetec Core Processing solution and the vast number of improvements that have resulted. LorMet now has more time to devote to upholding their commitment to excellence by providing the best products and services and improving membership service and satisfaction.

Visit www.sharetec.com/case-studies to read more about this success story and many others.

About LorMet Community Federal Credit Union
Founded in 1936, LorMet Community FCU has over 20,000 members and more than $180 million in assets. LorMet offers financial services to all of Lorain County, Ohio.

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 nearly 300 credit unions with 67% growth since 2000.

Dan Miller
844-802-4441
Vice President
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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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PRESS RELEASE
September 11, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN - Sharetec System, core technology made simple, announces Cuba Credit Union in Cuba, NM, has signed with Sharetec to be their next core banking system.

Rhonda Jacques, CEO of Cuba Credit Union, comments, "From our first meeting with Deborah, our Sharetec representative, we felt a bond toward a common goal of bringing our members all the current technology that is available to help Cuba Credit Union serve all our members near and far, while keeping in mind our bottom line."

As a midsized Community Chartered Credit Union located in Northwestern part of New Mexico, serving a large geographical area including part of the Navajo Nation, Cuba Credit Union’s current core system met their needs, but knew they needed a new core to help them grow even more. Rhonda continues, "We needed to partner with a core system that can help us grow with technology and making our daily work more automated for efficiency, allowing us to spend more time with our members one-on-one. Sharetec has been very helpful and patient, making us feel like we are part of the family already."

"Sharetec is pleased to have Cuba Credit Union as our newest client. It was evident to us that Cuba Credit Union and Sharetec have similar visions for the future of credit unions. Both organizations are committed to providing member facing products that bring quality service and support to the membership. Sharetec and Cuba are looking forward to a lasting relationship built on our continuing dedication to provide meaningful products such as Mobile Banking and Remote eSign to our client base," comments Richard Place, Vice President Sales for Sharetec.

About Cuba Credit Union
Established in 1972, Cuba Credit Union currently serves those who live or work within the school boundaries of Cuba Independent Schools or Jemez Mountain Schools, districts.

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 nearly 300 credit unions with 67% growth since 2000.

Richard Place
844-802-4441
Vice President Sales
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 & Conditions

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PriorityPlus

PRESS RELEASE

July 31st, 2018 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, announces Priority Plus FCU in Wilmington, DE, has partnered with Sharetec to be their next core processing system.

Susan Winward, CEO of Priority Plus FCU, comments, "We had been with the same core processor for just about 20 years and decided it was time for a change. During our lengthy search we looked at several vendors, both large companies and small, as it had been such a long time since we had explored core processors we felt it important to visit with several. We were looking for a solution that would offer advanced technology, security, a robust operating system and excellent client support. We needed all of that plus a solution that would be cost efficient. We feel we have found that partnership with Sharetec! We are excited to begin our new partnership in a few weeks and look forward to the growth they will help us achieve."

"Sharetec is pleased to have Priority Plus FCU as one of our new clients. The vision for Priority Plus FCU and that of Sharetec, supports the belief that smaller credit unions continue to play a critical role in today’s financial environment, reflecting the true meaning of what a credit union should be. At Sharetec we are in a position to provide modern, member facing applications that allow smaller credit unions to compete with larger financial institutions at an affordable price point. Sharetec and Priority Plus look forward to succeeding together as we provide meaningful products such as Mobile Banking and Remote Deposit Capture to Priority Plus members," comments Joseph Reis, Regional Sales Manager for Sharetec.

About Priority Plus FCU
Priority Plus Federal Credit Union was chartered in 1935 and made the decision in 2016 to change their name from Wilmington Postal FCU to Priority Plus FCU. For over 80 years Priority Plus has provided service for postal employees in the Wilmington, DE area. Today as a full service credit union, Priority Plus continues to provide service to their legacy membership while expanding their charter to include others in the Wilmington area and beyond.

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 nearly 300 credit unions with 67% growth since 2000.

Joseph Reis
844-802-4441
Regional Sales Manager
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 & Conditions

Click here for PDF version