recognition DSOT

January 28, 2019 – Los Alamos, NM
– The National Credit Union Association recently presented Los Alamos Schools Credit Union with the Louis Herring Philosophy-in-Action Member Service Award for their use of internal programs and services that directly benefit their members. The NCUA presents this annual award to a single Credit Union in each asset class for “practical application of credit union philosophy during the actual operation of the credit union.”

Los Alamos Schools Credit Union was specifically recognized for their mobile banking solution serving members in local school district sites. The solution – provided through Sharetec – allows members of the Los Alamos Credit Union to carry out all financial transactions related to their share accounts directly from their mobile device or computer.

“Thanks goes to Sharetec for being a partner in serving our membership,” said Matt Schmidt, CEO/President of Los Alamos Schools Credit Union. “Your IT team should be commended for their many hours spent making this idea a reality.”

“This couldn’t have happened to a better credit union,” said Porfirio Ramirez, Sharetec IT engineer who worked closely with the Los Alamos Schools CU. “Matt and his team at Los Alamos work hard for their customers and this award shows that.”

For more information on Sharetec’s Home and Mobile Banking solution, click HERE.

Who was Louise Herring?

Louise Herring was an active supporter, organizer, and champion of credit unions. She was the Ohio delegate to the 1934 national credit union conference in Estes Park, CO where she signed the original constitution for a national credit union association. Louise believed that credit unions should work in a practical manner to better people’s lives. She saw the credit union as more than just a financial institution. In her own words, “the purpose of the credit union is to reform the financial system, so that everyone can have his place in the sun.”

revenue wheel

Credit unions are competing against all kinds of external players when it comes to member business. Car dealerships, other FIs, and now Fintech startups are just a few in a long list that are chomping away at the credit union market. Sharetec provides credit unions with a secret weapon to identify and market directly to members that have existing loans with other institutions.

Enter Quick Query: Sharetec’s easy-to-use custom reporting tool that comes standard with each system implementation. With a series of easy point-and-click actions credit unions can create, save, and automate custom reports to run at any time.

Because of the unparalleled connection to data the Sharetec provides credit unions have the unique ability to identify members making payments to outside lenders. Credit unions can create reports of those members that are making existing payments to other institutions, create custom marketing pitches, and promote the credit union’s own loan rates.

Sharetec credit unions can now go on the offensive armed with good data from their member base to provide better financial services to their members. Used in conjunction with Sharetec’s other marketing tools Quick Query will be an indispensable tool that credit unions can use to grow their bottom line.

target marketingGBS

Highly personalized target marketing is quickly becoming the “norm” in our modern online banking world—which is why so many Credit Unions have opted to take advantage of Sharetec’s Target Marketing solution.

Most Credit Unions know all too well the difficulties of maintaining vital employee/member relationships, and the importance of sharpening their competitive edge. After all, no Credit Union wants to be perceived as “off target” to their members as they strive to increase business and rise above the competition. Therefore, many wishing to “hit the mark” with their members have discovered that Sharetec’s Target Marketing solution can be an extremely powerful tool. This solution enables Credit Unions to deliver tailored messages to their members by analyzing every one of their transactions. By doing so, it pinpoints a member’s activities, hobbies, life events and financial product mix, allowing for a personalized online customer experience. Every transaction is assigned a tag called a Key Lifestyle Indicator (KLI); and based upon the member’s uniquely defined combination of KLIs, he or she is offered a selection of qualified Credit Union products that match those specific needs and interests.

Perhaps it’s time for your Credit Union to take precise aim at your business challenges and your members’ diverse needs so you can reach a new level of success in 2019! 

data center

As a Credit Union professional, protecting your members – specifically, their data – is among your highest priorities. How will you recover if something happens to your on-site data storage?

Sharetec’s Offsite Data Redundancy Program creates a regular backup of all your data (weekly, nightly, every 20 minutes, etc.). All of your data is replicated remotely to our secure hosting facility, and you receive a confirmation when successfully completed.

Sharetec’s Offsite Disaster Recovery Program includes constant monitoring and periodic testing of your remote backup data.

Call us today to learn more about ODR!

We pride ourselves on honoring our customers, and our continued commitment is to provide our credit unions with the personal, prompt and professional service they deserve. Thank you to our customers for another great year!