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Sharetec's Service Center now implements Data-At-Rest Encryption.

Sharetec’s Data-At-Rest Encryption is crucial to keeping member data safe. Alan Collier, System Administrator for Sharetec System, comments, "Sharetec has implemented Data-At-Rest Encryption at both data centers with great success." As a standard benefit through Sharetec’s Service Center, Data-At-Rest Encryption provides credit union member’s comfort knowing their information is secure.

According to industry expert Ron Daily from Virtual StrongBox in his recent CU Times article, Credit Unions Must Secure Members Personal Information, "The old ways of safeguarding data are insufficient. It's time to adopt encryption-at-rest technology on all servers where member data is being stored, rather than relying on firewalls."

Matt Isger, Regional Director for Sharetec System, comments, "Sharetec knows the importance of providing the most up-to-date technology to credit unions in order to avoid any kind of threat to their member’s data. Providing Data-At-Rest Encryption to our customers will ensure their members are confident their information is safe within the credit union."

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Sharetec System announces they have partnered with Allied Payment Network to provide credit unions an industry leading Picture Pay® technology.

"We’re very excited to have developed such a great partnership with Sharetec. We’ve integrated our bill pay, home banking, and core systems to make payments as real-time as they get, which means maximum transparency to both credit unions and their members," said Joe Bellavance, VP Business Development of Allied Payment Network.

Together, with Allied Payment Network, Sharetec offers credit unions multiple products to improve their member’s bill pay experience.
Picture Pay® mobile photo bill pay solution enables credit union members to pay any bill by simply taking a picture of the bill with their smartphone. FlexPay internet bill pay solution revolutionizes bill pay pricing by offering credit unions a transaction-based pricing model, ultimately freeing them from having to pay for members who are not using the service. PortalPay online payments solutions enables members to make a loan payment to the credit union from their internal or external accounts through the credit unions website.

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Sharetec announces Timken Aerospace FCU & Stepping Stones Community FCU have recently chose Sharetec as their new core system provider.

Timken Aerospace FCU will be converting from FISERV – CUSA in house processing to Sharetec’s hosted online solution. The credit union is looking forward to Sharetec’s advanced automation to improve the efficiency of its operations. Located in Lebanon, NH, Timken Aerospace FCU has been serving its members for over 61 years.

Stepping Stones Community FCU will be converting from CU*Answers’ Base Gold system to Sharetec’s hosted online solution. In addition to standard features, the credit union is looking forward to installing Sharetec’s tightly integrated Document Manager for the storage and retrieval of all member related documents. Located in Wilmington, DE, Stepping Stones Community Federal Credit obtained its charter from the National Credit Union Administration and opened their doors to the community on 01/06/2012.

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Sharetec System announces Racine Municipal Employees Credit Union in Racine, WI has selected Sharetec System as their new core.


"Our credit union needed a more robust and efficient system to meet the ongoing needs of our members and the market. We selected Sharetec because we wanted to be able to offer live EFT processing and a user friendly mobile app to our members and provide an overall user friendly integrated experience for our staff," comments Nicole Christensen-Zabler, President of Racine Municipal Employees Credit Union. "Sharetec was one system we saw that provided all that with an appropriate cost analysis."

Keane Kulak, Regional Director for Sharetec System, comments, "During the selection process it was clear that Racine was looking for a system that could provide more self-service tools to their members such as mobile and a robust home banking platform but they needed it also to be affordable. We were excited to show them Sharetec and that it is able to meet all those needs. In talking to other credit unions that have used Sharetec for a long time and recently converted, it became clearer to Nicole and her team that we were the right partner to achieve their growth and member service goals.

Racine Municipal ECU is implementing a number of new solutions including Live EFT Processing, Integrated Credit Card Processing, Automated Daily and Monthly Processing and eNotices. All these services combined with numerous other new tools available to the credit union will enable them to recognize an actual return on investment (ROI) with the Sharetec System.

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Sharetec System announces they have teamed up with ProPay to provide credit unions a convenient payment solution for their members.

"Our relationship with Sharetec System will offer credit union members the latest technology, for ease and convenience of making loan payments. Borrowers can pay anytime or anywhere using a smart device, by simply replying to a text message or one-click email invoice. Credit unions pay no transaction fees. A small convenience fee is paid by members," said Dave Duncan, President of ProPay.
ProPay empowers credit union members by allowing them to pay mortgages and auto loans using their favorite Visa®, MasterCard®, Discover®, or bank account from another financial institution.

"Members want simplicity and teaming with ProPay gives Sharetec one more tool to provide our customers a simple and affordable payment solution for their members," remarked Keane Kulak, Regional Director for Sharetec. "ProPay provides one more channel to make the payment process that much easier. We are excited to see where this partnership takes us and the success we know it will bring to our credit unions."