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CU Logos 25yr

PRESS RELEASE


February 25, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology ofsimplicity, is pleased to announce the 25th anniversaries of four of its business partners in 2021. These partnerships include Genesis Employees’ Credit Union, Latrobe Federal Credit Union, Natco Credit Union and Slippery Rock University Federal Credit Union. Sharetec is proud of how these mutually beneficial business relationships have blossomed, helping its clients thrive while enabling Sharetec to continually improve its innovative solution year after year.

Although unique financial institutions, these four credit unions had common threads that lead to theirdecision to implement Sharetec. Before selecting a partner, Genesis, Latrobe, Natco and Slippery Rock all realized that in order to stand out in a highly competitive market, they required an advanced core processing system with exceptional service. Their goal was to partner with a trusted company that would provide leading-edge technology backed by high-level support, enabling them to grow and meet the evolving needs of both current and future members.

Each credit union saw the Sharetec solution for what it is - a proven core processor with a long list of benefits. Remarkable features include a user interface that reduces training time and the need for daily support, as well as its ability to deliver an excellent ROI and lower cost of ownership. Overall, the solution would significantly improve functionality and efficiencies for both staff and members, giving them the criticaledge that they need - as well as friendly, reliable support when they need it.

Sarah Johnston, Manager, Latrobe FCU, feels fortunate to have been with Sharetec for 25 years. “When I speak with other credit unions, I find we do have exceptional reports and service. No matter what the problem, I know that when I call the help desk, I am going to have fast, friendly and accurate service,” she explained. “Everyone is so nice and willing to fix the problem to keep us running smoothly. I highly recommend Sharetec to any credit union—they are like family to us!”

Over the past 25 years, Sharetec has been a valuable partner to Natco CU as well, helping them grow and offer new products, services and technology to their members. Cindy Duke, CEO, Natco CU, noted, “From sales to support to programming, the Sharetec team provides excellent service. We appreciate that they stay current on new technology and partner with other companies so we can continue to meet the needs of our members.

”According to Lynne Griffith-Schall, CEO, Slippery Rock University FCU, Sharetec did a fantastic job of making the transition as seamless as possible when they moved to their new building last September. “There were no interruptions to our day-to-day operations and members didn’t experience any downtime,” she stated.

Many of the issues that these credit unions were struggling with remain relevant today. Mounting operational expenses, an inefficient paper-centric system, deficient support, lack of reporting capabilities,slow loan processing and sluggish membership growth can all cause a credit union to fall behind. Fortunately, Sharetec can resolve these issues and more.

“Our credit unions know how critical it is to stand out among their competitors,” stated Dan Miller, VP, Sharetec. “Our solution provides the functionality they need to address the issues that may be stunting their growth and help them rise above the competition. We are honored to support them by continually enhancing our product and services so we can better meet their evolving needs. I thank each of our long-term partners for contributing to our success as we help them move forward and achieve their goals.”

About Genesis Employees’ Credit Union
Genesis Employees’ Credit Union is a member-owned, not-for-profit financial institution located in Zanesville, OH. Steadfast in their philosophy of “members helping members,” they have been serving the financial needs of Genesis Healthcare Employees and its affiliates with excellence since 1973.

About Latrobe Federal Credit Union
As a member-owned, non-profit financial institution located in Ligonier, PA, Latrobe Federal Credit Union is run strictly for the benefit of its members. The financial institution continually strives to provide its members with higher yields on savings and lower rates on loans, with the goal of helping each member attain a strong and secure financial future.

About Natco Credit Union
Located in Richmond, IN, Natco Credit Union operates as a not-for-profit organization with the interests of their members in mind. With a mission of “helping people live better lives,” they seek to pass along each dollar of income generated to their members, enabling them to gain higher dividends on savings, lower interest rates on loans, support services, convenient money management tools and more.

About Slippery Rock University Federal Credit Union
Slippery Rock University Federal Credit Union is a full-service financial institution that has been serving the Slippery Rock community since 1958. Focused on the financial needs of their members, they offer many of the same products and services as banks but without the added fees. The credit union is committed to quality, personalized service, a wide variety of products and the best rates possible.

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 three years.

Dan Miller, Vice President
844-802-4441
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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.

winnebago
PRESS RELEASE

January 28, 2021 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Winnebago Community Credit Union (WCCU) has increased their asset size 830% since converting to Sharetec 20 years ago.

When Winnebago Community Credit Union (WCCU) converted to Sharetec, their asset size was around $15,000,000. Over the last 20 years, with support and assistance from Sharetec, WCCU has had remarkable success, growing their asset size to more than $140,000,000, as well a huge increase in their loans. This growth brings them to an incredible asset size increase of 830%.

Tony Tiede, President of WCCU, comments, “Sharetec has provided efficient and effective software and support over the last 20 years. Our goal is to continue to grow aggressively by “Helping Make our Members Dreams Come True” with Sharetec as a major partner. We have just renewed our software agreement with Sharetec for another seven years.”

“I can remember the first meeting with Tony and his team. It was clear they had a vision of always offering the best possible service to their members and employing incredible staff and technology to make that happen. We are thrilled to continue to be a strategic partner with Winnebago Community CU. It is exciting to keep offering the very best tools and solutions to help them provide their excellent service and incredible growth,” comments Keane Kulak, Regional Director for Sharetec.

To read the full case study, click here or visit https://www.sharetec.com/case-studies.

About Winnebago Community Credit Union
With over 8,000 members, more than $140 million in assets and $100 million in loans, Winnebago Community Credit Union currently serves members who live or work in Winnebago, Fond du Lac or Outagamie counties in Wisconsin.

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.

Keane Kulak
Regional Director 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 maychange over time. Terms and Conditions

For PDF version, click here.

MeridianCU

PRESS RELEASE

December 2, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Meridian Credit Union in Ottumwa, IA signs with Sharetec to be their next Core Banking Solution.

“Finding a core system that could offer us up-to-date technology, as well as not overcharging for add-ons was key in our decision to move to Sharetec. We took the time to review a few different cores and Sharetec was our top choice. Some struggles on our old system consisted of outdated digital banking & member service technology which made for a poor member experience. Sharetec showed us they could come out on top in these areas, as well as giving us that home-town feel our members want,” comments Brenda Wynn and Josh Hall, Co-CEOs of Meridian Credit Union.

Meridian Credit Union will be utilizing products like real-time bill payment, picture pay, P2P and A2A, and many more core services which will ensure Meridian Credit Union has the success they want to achieve through their partnership with Sharetec.

Matt Isger, Regional Director for Sharetec, comments, “Meridian CU knew what they wanted. They wanted to compete against much larger CUs with services. They saw this was possible with Sharetec and liked all the new tools they can use to offer really good services to current members and potential members.”

About Meridian Credit Union
Meridian Credit Union was formed in 1952 as the "Ottumwa School Employees Credit Union" to serve Ottumwa School district educators and their families. The Credit Union remained a tenant of the school district until June 2006 when it moved to a new location. In 2008 the credit union changed their name to Meridian Credit Union and became a community credit union, opening membership eligibility to persons living or working in the following counties: Appanoose, Davis, Jefferson, Keokuk, Mahaska, Monroe, Van Buren and Wapello County.

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

The 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
 

25yrCULogos
PRESS RELEASE
December 17, 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 it is celebrating 25-year partnerships with several successful credit unions. Additionally, the company is proud of how these business relationships have enabled their clients to thrive and allowed Sharetec to enhance its innovative solution over the years.

In the 1990s, numerous credit unions across the U.S. were seeking a more efficient way to complete their daily tasks by improving functionality and efficiencies for both their staff and members. As many were narrowing down their list of prospective solutions and business partners, it was not surprising that an innovative new core processing solution called Sharetec was garnering a lot of attention.

Among the credit unions that opted to partner with Sharetec in 1995 were Akron Fire Police Credit Union (AFPCU) of Akron,  Ohio, Brewster Federal Credit Union (BFCU) of Brewster, Ohio, and Common Roots Federal Credit Union (CRFCU) of Cranberry Township, Pennsylvania. Each of these financial institutions had come to realize that they needed an advanced coreprocessing system backed by excellent service to help them grow beyond the approaching millennial year. And grow they did, as all are celebrating strong and prosperous 25-year partnerships with Sharetec as of 2020.

Many of the issues that these credit unions were struggling with a quarter of a century ago are still relevant today. Problems that were impeding their success and growth included an inefficient, paper-centric system that caused widespread inefficiencies, as well as mounting operational expenses, inadequate support services, lack of innovative reporting capabilities, delays in loan andmembership application processing, and stagnant membership growth.

AFPCU’s Operations Manager, Georgeanne Hoover, states that reaching their 25-year milestone with Sharetec has been remarkable. “Looking back, our credit union has evolved and grown in so many ways. We have added many new products and services that help us respond to the changing needs of our members,” she notes. “We appreciate that Sharetec has been with us every step of the way, offering the support we need to serve members and for the back office and reporting functions, as well as keeping us up to date with evolving technology. The Sharetec team is always very professional and helpful!”

Joanne Smith, Manager/CEO, BFCU, says that as a whole, their credit union staff has always appreciated the fast and friendly service they receive from the tech support at Sharetec: “When I have ‘one of those days’ and it seems like I have to call multiple times for questions, the Sharetec staff always answers with a smile and provides excellent customer service.”

According to CRFCU’s CEO, Kasi Devinney, outstanding support has also been invaluable over the years. “As a smaller credit union, we truly value the ongoing support we receive,” she remarks. “Sharetec’s excellent service and support have helped to ensure that the features are working optimally to benefit our members and employees and that everything continues to run smoothly.”

Dan Miller, Vice President, Sharetec, appreciates the longevity and strength of Sharetec’s 25-year partnerships. “Without a doubt, as we’ve helped these credit unions improve their functionality and efficiencies, we’ve also been able to improve our company and its offerings,” Dan states. “Listening to their requests and meeting precise needs have helped us enhance and increase the features of our system, making the Sharetec solution progressively better over the years. This continues to be a‘win-win’ situation for everyone involved. I can’t congratulate and thank these credit unions enough.”

To see the full success story, click here or visit us at https://www.sharetec.com/case-studies.

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 three years.

Dan Miller, Vice President – 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 maychange over time. Terms and Conditions

For PDF version, click here

CPI Image1

PRESS RELEASE

November 10, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of
simplicity, announces a core integration with CPI Card Group® (CPI), a payment technology company and leading provider of credit, debit and prepaid solutions.

Through the collaboration, CPI’s Card@Once solution is integrated with Sharetec’s core software platform, allowing its credit union clients to instantly issue and print EMV® compliant and dual interface capable payment cards to branch members through Sharetec’s core system.

With the new core integration, credit unions can now take advantage of an end-to-end, cost-effective print solution – with dual interface card personalization capability. This solution gives them greater versatility and speed in responding to customers’ needs, whether for a new account or card replacement. Integrating Card@Once streamlines the experience for branch staff as well, eliminating the need for dual entry.

“Our collaboration affords advantages for branch staff and members alike. The combined ease-of-use, speed and convenience elevate the branch experience, punctuated by cardholders getting to leave with a dual interface card in their wallet,” said Rob Dixon, Director, Product and Business Development at CPI Card Group. “We look forward to working more with Sharetec as they equip clients with an integrated instant issuance solution that provides a competitive edge.”

“The ability for members to quickly obtain a personalized, contactless capable card in-hand is a valuable convenience for credit unions to offer – and reflects our commitment to helping clients continuously enhance their member experience,” said Matt Isger, Regional Director for Sharetec System.

About CPI Card Group®
CPI Card Group® is a payment technology company and leading provider of credit, debit and prepaid solutions delivered physically, digitally and on-demand. CPI helps our customers foster connections and build their brands through innovative and reliable solutions, including financial payment cards, personalization and Software-as-a-Service (SaaS) instant issuance. CPI has more than 20 years of experience in the payments market and is a trusted partner to financial institutions and payments services providers. Serving customers from locations throughout the U.S., CPI has a large network of high security facilities, each registered as PCI compliant by one or more of the payment brands: Visa, Mastercard®, American Express® and Discover®. Learn more at www.cpicardgroup.com.

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 three years.

Matt Isger
Regional Director 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