blog

Blog

handbulbtnSharetec The Core with an ROI

Return on Investment New income streams generating more non-interest income.

Increase Efficiency Inside the Credit Union Automated ACH, ATM/Debit, Share Draft, Returns, OFAC, Fincen, Check Recon, Month End, and so much more.

Security in Numbers Around 300 Sharetec Credit Unions are using the Sharetec system with successful results.

Excellent Customer Satisfaction Earned a 9.26 out of a possible 10 in 2016. Customers continue to recommend Sharetec and appreciate the incredible service they receive.

Quick Response Time Under 4 minute response time. Credit unions can expect to receive a call back in under 4 minutes or less.

If you are interested in receiving a
custom ROI with the Sharetec System, contact us today and find out why Sharetec's Credit Union base has increased 67% in the past 15 years!

CPCU 15 year image 11 13 17

We extend our gratitude and congratulations to our friends at Cleveland Police Credit Union (CPCU) of Cleveland, Ohio! November marks CPCU’s 15th Anniversary as a loyal Sharetec user. 

CPCU was organized in October of 1938, when seven policemen were granted a charter by the State of Ohio and worked out of a "cubby-hole" office at Cleveland’s old Central Station on 21st and Payne Avenue. Today, CPCU is still going strong, with a mission to serve the financial needs of its members with personal service and competitive rates, and a commitment to provide the best financial services at the most efficient cost, while at the same time maintaining a sound financial position.

We’re pleased with how the Sharetec core processing solution, with its invaluable member facing technology, has assisted CPCU in meeting their members’ financial needs and with improving their customer service, productivity and efficiency.

We congratulate CPCU on continuing to serve Cleveland’s finest, and we are pleased to be able to support them in their vital mission. We wish CPCU much continued success and look forward to serving this outstanding financial institution in the years ahead.

 

 

10 Years of Service Image B
We’d like to wish our loyal friends at Shenango China Area Federal Credit Union (SCAFCU) “Happy Anniversary!” Located in New Castle, Pennsylvania, SCAFCU has been serving the needs of those who live, work, worship, or attend school in Lawrence County, PA since their establishment in 1935. This month marks the 10th anniversary of SCAFCU’s successful utilization of Sharetec, and we’re pleased with how our solution has helped them increase their productivity and efficiency, as well as improve their customer service.

SCAFCU believes in delivering exceptional service to its nearly 2,500 members. They remain steadfast in their mission to guide members along the road to financial success by finding solutions to their problems, offering loan rates and fees that are usually lower than those of traditional banks, and maintaining a personal, friendly environment.

We commend SCAFCU for continuing to provide outstanding financial products and services to their members. We appreciate the opportunity to serve and support their success now and well into the future.

file magnifySharetec credit unions are having great success with Big Data through Sharetec, which helps credit unions grow and be more responsive to member needs. Sharetec provides several tools for retrieving and analyzing credit union data including Results, a graphical report writer native to the operating system, and Quick Query, an easy to use intuitive graphical report writer. See below for a few of many success stories.

Elizabeth Olson, Marketing Coordinator for Harvester FCU shares their success story with Results. "
Sharetec Results is a great tool to grow credit unions by providing pertinent data at any given moment for different marketing campaigns. This is something every credit union should be using."

Anita DeWeese, Asset Protection manager for Evansville FCU shares their success story with Quick Query.
"
I specifically use it for several month end reports to supplement 5300 reporting information, as well as for creating Dormant lists and indirect reports for our indirect department."

Nick Kessenich, President of Members First Credit Union shares their success story with ODBC. "
Over the years, I have made more than 400 reports and currently use about 50 reports consistently. Some of the reports provide information by SEG Group for board reports, the 5300, exams, and some show different information overall."

To read more, click here.

eServicesTNb
Many members don't look at their statements, but it still costs the credit union about $.75 per statement all together to get it to the member. Two Sharetec credit unions are using a strategy to increase their penetration of eStatements while increasing income at the same time.


Brian Blaszak, President of Synergy Partners Credit Union remarks, "Advertising our $2.00 per statement fee in our quarterly newsletter and other member documents to get members to sign up for eStatements has been very successful. This has brought us a decent amount of monthly savings from not spending on postage and paper, as well as the additional earned income. Roughly a $25,000 increase in income this year."

Thom Ewen, President of Illinois State Credit Union also has great success with charging members a small $2.00 fee per statement when sending through the mail. "Not only has our postage and paper printing expenses dropped drastically, but we are earning over $2,000 per month in additional income. We do give exceptions for hardships, mostly when members complain adamantly, as well as excluding seniors."

To read the full story, click here.