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Sharetec’s Ultimate Checking allows credit unions’s to boost their revenue with an increase in interchange income. Ultimate Checking is a unique product that differentiates credit unions from competitors and doubles revenue compared to a standard share draft account. Not only will this product attract new members, current members will embrace it.

Gas & Electric Credit Union, located in Rock Island, IL, took advantage of Sharetec’s powerful Ultimate Checking module to launch a successful high yield checking account. “This was a product that we felt we had to have in order to compete. We pay 4% interest when various requirements are met and our members have really embraced it”, remarks CEO, Daryl Empen. “Our debit card revenue grew 19% our first year and over 27% our second year. We have enjoyed 7% growth in checking accounts directly tied to this service, which has lead to more loans and other services.”

To read more, visit http://www.bradfordscott.com/pdf/Sharetec_GasElectric.pdf.

Money FCU

Money Federal Credit Union (MFCU), headquartered in Syracuse, NY, has announced that it has selected to replace its current core processing solution with Sharetec System. Their decision to go with the Sharetec Core Processing System was facilitated by GBS, an owner and distributor of Sharetec.

After learning about Sharetec, President and CEO Bruce LaGrow and his Operations Team were convinced that the solution was the right choice for MFCU. They felt that Sharetec was the most user-friendly solution of their core processing choices, and they were impressed by the many features, including Person to Person Payments and Remote Check Capture.

However, the clincher, Bruce noted, was that “features that are extras on other systems are included in Sharetec’s core, fully integrated into the system, which made Sharetec definitely stand out. It was an easy decision.”

Already working with the Sharetec team ten months ahead of the scheduled conversion, Bruce and his team have been very pleased with their experience. “I’m confident that we’re keeping our finger on the pulse of this entire conversion process until the day we flip the switch,” said Bruce.

Happy Anniversary15

Happy Anniversary to Electric Energy Inc. Emp. Credit Union in Metropolis, IL. We value your business and look forward to continuing to serve you in the future.

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Sharetec System announces that CPS IBEW FCU of San Antonio has selected Sharetec for its core and home banking processing.

CPS IBEW FCU was seeking a relationship with a core processor that offered not only the technology expected from a “national brand” but also local, professional support and service from a staff that is dedicated to the credit union industry.  That is exactly what they found when they partnered with Sharetec.

The credit union will add On-Line Loan Applications, Mobile Banking with Remote Deposit Capture, On-Line Member Enrollment, and many more of Sharetec’s state-of-the-art products.  We are both looking forward to this new partnership.

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Sharetec System announces County-City Credit Union in Jefferson, WI, has selected Sharetec System as their new core system.

Tom Pinnow, President of County-City Credit Union, remarks, "After reviewing several systems, we decided to partner with Sharetec because they stood out from the rest. They offer our credit union a service bureau system that can be customized to our needs, especially in the area of lending and online.  We also needed to have confidence in the support our core vendor provides and Sharetec has it all."

To read more, visit http://www.bradfordscott.com/html/County-City.html.