blog

Blog

child piggy bank

Most of us can remember having a piggy bank as a child. Collecting coins and passing them through the slot was easy and fun. And being able to reap the rewards of our efforts, to perhaps buy a special game or toy, was even better.

As grown adults, making the commitment to set up a savings plan isn’t always easy. And making regular deposits into a savings account is even more challenging. Most likely, your credit union members would appreciate a way to beat this challenge by automatically increasing their savings with little effort.

Sharetec can provide your members with their very own “piggy bank”—thanks to an account feature called Easy Saver! This handy feature offers a convenient and painless way for members to build their savings effortlessly and incrementally, without having to make larger, lump-sum deposits. Members’ debit card transactions are simply rounded up to the nearest dollar and the difference is automatically and securely deposited into a designated savings account. Funds can go directly into a member’s savings account or into another member's account, such as a child or grandchild. The feature only requires that the member have a checking account, a debit card set up to make purchases, and a savings account.

Help your members return to the good old days of “piggy bank” savings with Sharetec’s Easy Saver—which makes setting aside extra money child’s play!

 

 sharetec sweep
While most credit unions strive to provide a neat, tidy, and efficient financial haven for its members, many of the processes that go on behind the scenes may not employ the cleanest, most simplified ways of completing tasks. For instance, many 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 cleaner, more efficient process to get the job done. 

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! Credit Card Sweep enables employees to simply enter a credit card advance or a payment like any other transaction—allowing them to be processed over the counter with ease 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, this “sweeping” improvement has the potential to reduce errors while saving your staff valuable time to devote to other important tasks.

 Sharetec Conference Image1

Those who attended the 2016 Sharetec Users Conference on September 26th–28th at Disney’s Grand Floridian Resort & Spa certainly had a “grand” time! Exciting and worthwhile opportunities abounded for the hundreds of Credit Union employees who traveled from near and far to partake in one of the most informative and fun events of the year.

Many conference-goers were repeat attendees who had decided to return once again to experience the event’s many offerings. This year, Sharetec opened doors to a lot of great information through a variety of Workshops, Hands-on Labs, and Credit Union-related Speakers, including Mike Lawson from CU Broadcast, Thomas Wright with CU Tech Talk, and Jim Soenksen from PivotGroup. Networking Opportunities were also available as attendees talked with other Sharetec Users and met with the Sharetec Support Team.

A major highlight was the special surprise announcement at the Conference—the release of the newest version of Sharetec! Attendees were thrilled to learn about the release, proving that Sharetec continues to utilize the latest technology to ensure that Credit Unions receive optimal benefits from their solution—one of the fastest growing core systems in the world. The Annual Users Conference was definitely the ideal place for Sharetec, and many growing Credit Unions from across the country, to share their wonderful success stories. And it’s certain that we will anticipate doing it all again at next year’s event! We hope to see you in 2017!

 

offline

Have you ever been disconnected from your core system?

How many times has a storm hit and knocked out the connectivity of your office? When this happens to your credit union it not only affects you, but also your members. Sharetec has your solution! Using Sharetec’s Offline Processing, your credit union can continue to serve your members when conditions are not ideal.

What does this mean for your credit union and your members?

  • Serve Members:  Perform members transactions when the connection to the system is ever down

  • Reduce Possible Losses:  Even in an offline environment, tellers will see the member’s balances so not to give out too much cash

  • No Double Entry Later:  Once a connection back to the Sharetec server has been established, tellers will be able to post all of their offline transactions back to the Sharetec server in batch format, based on each user

  • Effective: If Service Bureau is lost for any reason

  • Automatically: Writes the transaction to the database

  • No Network connection required

MXiPhone Notifications 01 tn
Growth through Advocacy

Money Desktop Demo Webinar - October 11th at 1:00 p.m. (EST)

  • Provide your members with a 360-degree view of their financial lives
  • Improve your members digital banking experiences
  • Understand your members' needs
  • Send personalized offers to win your competitors' most profitable members

To learn how MoneyDesktop can bring value to your credit union, join us for a 30 minute webinar. A special pricing discount will also be offered.

register now


Only one week away, so be sure to reserve your spot today or email This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.