Credit Card Sweep Image

Most Credit Unions make every attempt to offer a clean, tidy and efficient financial haven so members walk into an aesthetically pleasing and welcoming environment. However, many of the processes that take place behind the scenes may not employ the cleanest, most simplified way of doing things.

A prime example of such untidiness occurs when Credit Union employees routinely enter all of their members’ credit card advances and payments into their core system—only to repeat the entry into the processor’s website. Most likely, your staff finds these tasks tiresome and would prefer a more efficient way to handle such processes.   

Let Sharetec do a “clean sweep” of your process with its Credit Card Sweep—a product that immediately “clears the way” for improvement and ends untidy repetition. This innovative feature enables employees to simply enter a credit card advance or a payment like any other transaction, allowing it to be processed over the counter in a single transaction. And at the end of the day, the Sharetec system “tidies up” the process by forwarding all of your credit card transactions in the form of an aggregated payment file to your vendor/processor.

Clearly, Sharetec’s Credit Card Sweep offers a “sweeping” improvement, one that simplifies processes and has the potential to reduce errors, all while saving your staff valuable time to devote to other important tasks.


“Instant Debit Card Freeze” allows your members to quickly and easily freeze all debit card activity due to loss, fraud, etc.

• Freeze – and thaw – anywhere, at any time

• Freeze using Home Banking or your mobile app

• Easily remove the freeze if card is located using same simple process

For more information about “Instant Debit Card Freeze” from Sharetec, email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

Sharetec credit union management software features all the tools your employees need to handle day to day operations, including many standard features other cores consider optional. Specializing in the tools you need to reach and serve more members, we offer In-House, Service Bureau, E-Services, Home Banking, and Mobile Banking options.


Credit unions rely on non-interest income as a reliable source of revenue. Courtesy pay is one of those services that credit union can offer their members to help the member stay in the good graces of their creditors and other vendors. Sharetec provides credit unions with the next generation service in which tiers dictate what fees the member pays for this service.

Courtesy Pay covers overdrafts, up to an approved limit, in exchange for a flat fee per overdraft transaction. The member receives the protection from bouncing a check, which saves the member embarrassment as well as protecting their credit score. A fee is then charged to the member for the service of covering the check despite insufficient funds in the member’s account.

Under a tiered approach to courtesy pay, members that use the service the most get charged the higher tier rate while the other members enjoy a reduced rate. Because of this increased rate tier, many credit unions see a significant boost in their monthly income. One credit union saw an 11 percent increase when they made the switch from a flat rate to the tiered model. Click here to read our case study on Tiered Courtesy Pay.

Tiered Courtesy Pay offers all the benefits of its flat-rate predecessor and comes highly recommended by industry leaders. All In all, credit unions see increases in monthly income while members enjoy the benefit of lower fees. Sharetec continues to provide cutting edge solutions for all size credit unions and is an industry leading core processing provider.

Remote BackupGBS

Disasters can happen at the drop of a hat, which is why it is essential for Credit Unions to employ preparedness and planning to ensure a safety net of protection from devastating loss. Thankfully, Sharetec offers a system-saving feature that does just that helping Credit Unions prepare and plan for the worst and prevent disasters before they happen.

With Remote Backup, your Credit Union can steer clear of a potential system calamity, and it’s all handled remotely on a nightly basis. The backup is put in place with your system so that all of the day’s data is duplicated remotely to Sharetec’s secure hosting facility. Your Credit Union will receive a daily confirmation that the backup has been successfully accomplished. And Sharetec doesn’t stop there. As part of their Disaster Recovery Program, Remote Backup testing is completed on a regular basis to ensure that it can be restored if necessary.

Credit Unions employing Sharetec’s Remote Backup are those who know the real value of a safety net, and how it can help them avert disaster and ensure the safety and security of their data.

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.

This email address is being protected from spambots. You need JavaScript enabled to view it. today for more information.