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Allied Logo 2019mfcu
PRESS RELEASE

June 11, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, core technology made simple, announces the successful launch of Allied Payment Network’s PicturePay® and P2P digital payment solutions at Madison, Wisc.-based Members First Credit Union. According to credit union officials, they implemented Allied’s technology as a way to successfully grow its checking accounts and encourage members to make the credit union their primary financial institution.

PicturePay technology allows members to pay bills and set up payees from their mobile phone by simply taking a photo of their bill. Allied’s P2P solution provides real-time person-to-person transaction speed, allowing recipients to accept payments through standard ACH or in real time to their debit cards.

“After seeing Allied Payment Network at Sharetec’s Users Conference, we knew we wanted to utilize its technology for our many members, whose primary relationship with the credit union is auto and HELOC loans,” said Jenny Kutz, Vice President of Operations for Members First Credit Union. “We thought PicturePay would be a great way to help push checking accounts to these individuals.” According to Kutz, implementing both of Allied’s services grew the number of members who use bill pay by 25% and, in turn, these members increased usage on their checking accounts. Additionally, Kutz reported that transactions initiated through PicturePay and P2P have increased approximately 50% compared to the credit union’s previous bill pay provider.

“The enhanced user experience PicturePay and P2P provides helps drive bill pay adoption and creates ‘stickiness’ with the member,” commented Chris O’Brien, Vice President of Business Development for Allied Payment Network. “Sharetec has been instrumental in introducing Allied technology to credit unions like Members First and helping them realize tangible success.”

"Providing our clients more options when offering their members online bill payment services helps our credit unions increase their online banking interaction while keeping their members happy, said Carrie Heck, Account Relationship Manager for Sharetec. “Members are constantly looking for the latest tools to meet their financial needs and providing Allied’s convenient and easy-to-use payment solutions on the powerful Sharetec mobile platform is a great win for our customers.”

To read the full case study about Members First Credit Union launching Allied Payment’s PicturePay® and P2P solutions, visit us at http://www.sharetec.com/case-studies.

About Allied Payment Network
Allied Payment Network is an industry-leading provider of emerging bill pay technologies to the financial services industry. With its award-winning solution, PicturePay®, Allied pioneered the first mobile photo bill pay application for smartphones and has brought the same level of innovation to its full suite of online and mobile bill pay channels, including solutions for Internet bill pay, small business payments, person-to-person, account-to-account payments and online loan payments, among others. For more information, visit www.AlliedPayment.com.

About Members First Credit Union
Established in 1954, Members First Credit Union is a full-service community credit union located in Madison, WI.

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. Sharetec has grown 67% since 2000.

Carrie Heck
Account Relationship Manager
844-802-4441
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 and Conditions

For PDF version, click here.

 

Hialeah
PRESS RELEASE

May 30, 2019 - FOR IMMEDIATE RELEASE

Hialeah Municipal EFCU Converts to Sharetec with Outstanding Results LINO LAKES, MN – Sharetec System, core technology made simple, announces Hialeah Municipal Employees Federal Credit Union located in Hialeah, FL, has converted to Sharetec Core with outstanding results.

Patti Gersack, CEO at Hialeah Municipal EFCU, comments, “The guidance and service we received during our conversion to Sharetec was amazing. They walked us through each step, from set up early planning to our “Live” month. We are looking forward to a mutually rewarding relationship with a quality core processor that will enable us to grow and better serve our members.”

“Hialeah Municipal EFCU knew for a long time it wanted to become more efficient and grow the credit union at the same time, and that technology would be a key resource to make that happen. During the selection process we worked hard to understand their goals and the credit union and conversion team prepared and worked hard to make that a reality with the conversion to Sharetec,” remarked Keane Kulak, Regional Director at Sharetec. “We are very excited about the results they have already seen and even more excited about the future our partnership will provide for both the staff and members of Hialeah Municipal EFCU.”

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 families. We are excited to offer more products to our membership through Sharetec.

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. Sharetec has grown 67% since 2000.

Keane Kulak
Regional Director
844-802-4441
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 and Conditions

For PDF version, click here

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PRESS RELEASE

March 27, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that First Nebraska Credit Union (FNCU), located in Omaha and Lincoln, NE, has made the decision to implement Sharetec as its new core processing solution.

FNCU had several steadfast goals in mind when shopping for a new core processing system. The credit union sought to significantly increase automation to benefit both staff and members, and gain full functionality from an advanced system at an affordable cost. In order to best streamline their processes, they were also seeking a vendor whose innovative software would easily integrate with L360, their new Loan Origination System.

FNCU’s decision to implement Sharetec was the result of several factors, including the vast capabilities of the software and the company to meet their demands. The system offered the credit union leading-edge technology that placed full automation, advanced features and functionality in their hands, all at a reasonable price and backed by strong client testimonials. The company also provided stellar support and expertise, as well as a drive and willingness to meet the credit union’s precise integration requirements.

Dale Kovar, Chief Financial Officer, FNCU, states, “First Nebraska needed a core processor that would not only provide full functionality
and advanced features at an affordable cost, but seamlessly integrate with our existing Loan Origination System. There could be no compromise in meeting our technology and budgetary requirements. Sharetec proved that they could meet all of our demands, including going above and beyond to meet our integration needs.”

In improving functionality for the credit union, Sharetec is enhancing FNCU’s reporting capabilities with a customized pricing tool to optimize margins. “We are looking forward to how the Profitability Reporting Module will conveniently provide powerful member analytics at the click of a button,” adds Mr. Kovar.

Dan Miller, Vice President, Sharetec, notes that FNCU’s selection of Sharetec will certainly allow for business-changing benefits, resulting in a more effective and efficient credit union by far. “First Nebraska understandably wanted it all, the leading-edge tools and innovative features that would set them apart from their competitors, without breaking the bank. Plus, they required a core platform that would smoothly integrate with their existing L360 system. Sharetec will help them gain new efficiencies and streamline their processes like never before. And when you consider the cost savings, they have clearly acquired a value-added solution to effectively meet their needs.”

By implementing Sharetec, FNCU looks forward to providing its staff with a more efficient and user-friendly system, with many of the manual tasks completed by the software. They also seek to ensure that members have cutting-edge home and mobile banking tools to leverage technology on their own, helping to further lessen the staff’s daily burdens.

About First Nebraska Credit Union
First Nebraska Credit Union (FNCU) is a member-owned, not-for-profit financial cooperative that remains focused on “People Helping People” and strengthening the financial well-being of its membership. FNCU serves the needs of its more than 14,300 members at five Nebraska locations, including three in Omaha and two in nearby Lincoln. As a result of their ongoing success, the Credit Union has accumulated approximately $137 million in assets and has grown its staff to include 58 full-time employees.

About Sharetec

Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Dan Miller
Vice President
844-802-4441
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

For PDF Version, click here.

clickswitch 

PRESS RELEASE

April 9, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, partners with ClickSWITCH to help Sharetec Credit Unions engage more members.

With many credit unions struggling to keep members happy and become their primary financial institution (PFI), they need products and services that are going to meet their needs. Through the partnership with Sharetec, ClickSWITCH offers credit unions a unique solution that converts account holders into fully engaged customers and provides them the ease of moving their direct deposits and recurring payments. “The success Sharetec Credit Unions have had with ClickSWITCH shows just how important it is for credit unions to have something put into place. If members are not offered what they want and need, they will move on to another credit union that will,” comments Carrie Heck, Account Relationship Manager for Sharetec.

“ClickSWITCH is pleased to partner with Sharetec to provide their customers with a seamless integrated experience utilizing ClickSWITCH to grow deposits and increase primary account holders,” said Cale Johnston, Founder and CEO of ClickSWITCH.

Tyler Valentine, President/CEO Laramie Plains FCU, comments, “ClickSWITCH helped the credit union achieve its planned initiative of growing deposits and enrolling new members, who in turn choose us as their PFI. We look forward to using more features to easily market to existing members that don’t have checking accounts, showing them how easy it is to switch with ClickSWITCH.” Tyler continues, “For credit unions looking to grow core deposits and gain more members, I would highly recommend ClickSWITCH. With Sharetec’s integration it’s a simple and easy process to enroll new and existing members.”

To read Laramie Plains FCU full success story, visit www.sharetec.com/case-studies.

About ClickSWITCH
ClickSWITCH is a unique account holder acquisition technology for financial institutions and FinTechs that simplifies the process of bringing new account holders onboard by quickly, safely and efficiently switching their recurring payments from their old accounts to new ones. Based in Minneapolis, MN, the company's industryleading solutions help clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential. ClickSWITCH is a technology leader delivering world-class solutions to financial institutions and FinTechs of all sizes. For more information, visit www.ClickSWITCH.com.

About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Carrie Heck
Account Relationship Manager
844-802-4441
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 and Conditions

For PDF version, click here.

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PRESS RELEASE

March 25, 2019 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that seven customers are celebrating 20 years of business partnerships.

As one of the top core processors in the nation, Sharetec provides our Credit Unions with the tools they need to serve their members, such as Mobile Banking, RDC, and Online Loan Application. Sharetec proudly recognizes our seven valued customers as they reach this incredible milestone: Hockley County Schools Employees Credit Union, McNesse Federal Credit Union, and Family 1st of Texas Federal Credit Union located in Texas, United Savings Credit Union in North Dakota, Teachers Credit Union in Wisconsin, River to River Credit Union in Illinois, and Wisconsin Medical Credit Union in Wisconsin. Join Sharetec in celebrating this great accomplishment, as some CEOs reflect on a few reasons why they continue their partnership with us.

Ron Cobb, Manager/CEO of McNeese Federal Credit Union, recently signed a ten year contract extension with Sharetec stating, “The consistency of service and support allows the credit union to focus on its membership and their needs.”

“I have worked with numerous Core Processors over the years and by far, Sharetec is the best. Not only is it very cost effective, but they also offer the top-tier products & services our members want. It’s also very user friendly and
automated, which gives us more time with our members,” comments Nick Woodard, President/CEO of United Savings Credit Union.

“Sharetec has committed the resources to enable its clients to remain competitive in the Mobile Financial Environment, by providing member facing products that bring quality service and support to the membership” commented Richard Place, Regional Sales Manager for Sharetec.


About Sharetec
Sharetec, a provider of both in-house and service bureau core solutions, has delivered an ROI, built income streams and lowered operating expenses to over 250 credit unions. Sharetec has grown 67% since 2000.

Richard Place
Regional Sales Manager
844-802-4441
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 and Conditions

For PDF version, click here.