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News

Menlo Survey FCU logo
PRESS RELEASE

October 7, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, would like to wish Menlo Survey FCU a Happy Two-Year Anniversary with Sharetec!

“Menlo Survey FCU was very fortunate to have converted to Sharetec in 2018. Not only did the conversion save the credit union a tremendous amount in data processing costs, it brought us together with wonderful business partners,” says Kelly Keniston, CEO. Deborah Resavage, VP of Sales for Sharetec, also expressed her satisfaction with the burgeoning partnership, “We are so glad that Kelly and Menlo Survey FCU joined the Sharetec family and that we are continuing to meet their and their members’ needs, especially during such a challenging time.”

Kelly explained, “When COVID-19 hit, the credit union was ready to adapt operations within 24 hours. That ability was due to our partnership with both Sharetec and Unicom. Sharetec and Unicom set up our system in such a way as to be adaptable to multiple work environments. While the focus was about how to operate our retail branches in a more forward-thinking way, Sharetec and Unicom’s set up for us allowed us to take currently existing tools and immediately transition our branches to accommodate remote work. I am forever thankful that we moved to Sharetec when we did. We could not have gotten through shelter in place without them.”

Sharetec would like to again wish Menlo Survey FCU a happy two-year anniversary and looks forward to many more years to come!

To read more from Sharetec’s newest customers and why they made the decision to switch, visit
www.sharetec.com/news.

About Menlo Survey FCU
Founded in 1959, Menlo Survey FCU is headquartered in Menlo Park, CA and serves the employees and families of the U.S. Geological Survey and select employee groups. Having over 2,700 members, Menlo Survey FCU has just under $69 million in assets.

About Sharetec
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Deborah Resavage
Vice President of Sales
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it. 

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms and Conditions

For PDF version, click here. 

Huntington Couny Federal Credit Union Logo
PRESS RELEASE

September 29, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Huntington County Federal Credit Union in Huntington, IN, has converted to Sharetec with great success.

Kathy Borskey, CEO/Manager of Huntington County Federal Credit Union shared her view on the success of the credit union’s conversion to Sharetec, “Finding a core system that could help us financially and better service our members was the key to our decision on choosing Sharetec. After an extensive review, we chose Sharetec and have seen great results so far after our conversion that took place last month. Sharetec’s team did a great job talking us through the conversion and achieving a smooth transition. Members and staff of Huntington County Federal Credit Union are excited to see where Sharetec will take us.”

Huntington County Federal Credit Union has taken on new products like Mobile Banking, Bill Pay, and Electronic Signatures, which will help the credit union provide services and up-todate technology to their members that they were not able to provide previously. “Sharetec’s team worked tirelessly to ensure the Huntington County Federal Credit Union’s conversion was seamless. We are all excited to see the benefits Sharetec will bring to the credit union and show them how incomparable Sharetec is. Working with the great team at Huntington County Federal Credit Union made the conversion memorable,” comments Carrie Heck, Account Relationship Manager for Sharetec.

About Huntington County Federal Credit Union
Huntington County Federal Credit Union has been servicing its members in the Huntington, Indiana area with exceptional financial products and providing savings and borrowing services to the people of our community since 1964.

About Sharetec

Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Carrie Heck
Account Relationship Manager
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms and Conditions

For PDF version, click here

microphone news
PRESS RELEASE

July 21, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, is pleased to announce that 17 new credit unions have selected Sharetec as their core processing system in 2019.

“Sharetec offered the updated core processing system we desired to provide improved services for our members,” said Donald C. Gillespie, President/CEO of CrossRoads Financial Federal Credit Union. “From our initial conversation with Sharetec, they concentrated on determining and meeting our needs with a personal, tailored approach. We are excited about streamlining our current procedures and the opportunity to offer a top-of-the-line member experience in our offices and across digital platforms.”


Celeste Kaylor, President/CEO of Scott & White Employees Credit Union, stated, “When looking for our next
core processing system, we wanted a cost effective, user-friendly software that would offer more efficiencies in our daily processes and provide our members with new quality, secure, and easy-to-use products. Sharetec was exactly what we were looking for! With Sharetec we will be able to achieve our mission of empowering our members to achieve financial health today and in the future. We are excited to work with such a great team at Sharetec and cannot wait to see our credit union grow.”

“All of us at Sharetec are thankful for our tremendous customer referrals resulting in our consistent growth. As we welcomed 17 more credit unions to Sharetec in 2019, this shows that the Sharetec solution brings considerable value to the institution in relationship as well as technology,” commented Sharetec’s Vice President of Sales, Deborah Resavage.

To read more from Sharetec’s newest customers and why they made the decision to switch, visit

www.sharetec.com/news.

About CrossRoads Financial FCU
Located in east central Indiana, people and finances meet at CrossRoads Financial Federal Credit Union. Founded in 1950 by a group of Portland Forge employees, these foresighted individuals liked the idea of having access to a credit uniona not-for-profit financial cooperative, built on a philosophy of people helping people. CrossRoads has 100 Select Employer Groups with 9,100 members being served at four locations.

About Scott & White Employees CU
Scott & White Employees Credit Union was chartered in 1962 by the employees of Scott & White. The credit union is state chartered and regulated by the Texas Credit Union Department. Deposits are federally insured up to $250,000.00 per account by NCUSIF, which is regulated by the NCUA.

About Sharetec

Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Deborah Resavage

Vice President of Sales for Sharetec
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms and Conditions

For PDF version, click here

MaineFamily

PRESS RELEASE

August 4, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces the success of their ACH Explorer tool to help credit unions capture lending opportunities.

Maine Family Federal Credit Union in Lewiston, Maine, presented Sharetec with a challenge: “Please show us where our members are spending their money.” This simple request lead to over $875,000 in auto loans and a new product that will benefit all Sharetec credit unions.

Using Sharetec’s simple-to-use ad hoc reporting tool, the Sharetec team looked at ACH history and member data and was able to identify members who could potentially save money by refinancing their auto loan. The resulting email marketing campaign, also automated through Sharetec’s e-marketing capabilities, resulted in 42 new loans and over $26,000 in increased earnings for Maine Family Federal Credit Union.

With plans to do more promotions in the future Maine Family Head of Lending, Linda Poulin, says that she’ll take that kind of success whenever she can get it, “Not only will Maine Family realize increased earnings but our members are saving money!” Who can argue with that?

To make it even easier the Sharetec team has created an ACH Explorer module. Joe Reis, Regional Manager for Sharetec, said, “ACH Explorer will allow users to simply enter the parameters they want and Sharetec will produce a report and an email or letter that can be sent to the member. In addition, Sharetec will automatically save a copy of the correspondence in the member’s Document Manager for tracking your marketing efforts.”

To read the full success story, “Credit Union Increases Earnings with Sharetec’s ACH Explorer”, click here.

About Maine Family FCU
Founded in 1928, currently serving over 21,000 members and boasting $159 million in assets, Maine Family FCU provides best of breed financial products to the communities of Androscoggin County. The credit union strives to be an active partner in the communities in which they work and live.

About Sharetec
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Harold Crabill
Sr. Account Executive
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms and Conditions

gas and electric logo

PRESS RELEASE

July 7, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces their success helping a Sharetec Credit Union access vital data quickly through Sharetec Dashboard 2.0.

Daryl Empen, President of Gas & Electric Credit Union, comments, “The lending dashboard has been especially useful to our lending staff. They can filter the delinquent loan report by loan officer, balance, delinquency, loan type, or any way they want to quickly see who may need attention. They can view loan originations by officer to see where our growth is coming from, and to monitor trends in our loan origination.”

Sharetec’s Dashboard 2.0 offers credit unions a unique solution to reporting and is designed specifically for financial, lending, membership, and transaction analysis. Sharetec Dashboard 2.0 helps credit unions dramatically reduce the time it takes to access vital data. Credit unions can see the Trend Analysis, ROA, Loan to Share, Deposit and Loan breakdown daily on a desktop, tablet or
mobile device.

Matt Isger, Regional Director for Sharetec, comments, “CU management has responded really well to the graphical representation of their data. From the lending department to the number of transactions by branch, it has been so helpful. Board members have also provided feedback that the dashboards have made the data much easier to analyze.”

To read the full success story, click here or visit https://www.sharetec.com/images/CS-SSDashboards.pdf.

About Sharetec

Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.

Matt Isger
Regional Director
844-802-4441
This email address is being protected from spambots. You need JavaScript enabled to view it.

This information contained in this press release is accurate at the time of publication. However, specified information may change over time. Terms and Conditions

For PDF version, click here.