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Northern Data Systems (NDS), an owner and distributor of the Sharetec Core Processing System, announced it has been selected by Massachusetts Family Credit Union to replace its current core processing solution. The Sharetec core processing system is installed at nearly 300 credit unions nationwide.

“We are looking forward to implementing technology for Massachusetts Family CU that will allow them to provide exceptional service to their members while enabling them to better compete in the greater Boston marketplace”, commented Joe Reis, Regional Sales Manager for NDS/Sharetec.

In addition to Sharetec hosted core processing, Massachusetts Family will be moving to a real-time processing environment for home banking and debit processing while implementing new services such as e-notices, e-alerts and Sharetec Mobile Banking. They will also use Sharetec’s tightly integrated Document Manager with e-Signature Capture.

About Massachusetts Family Credit Union

Headquartered in Lynn, MA, the credit union has approximately 2000 members and more than $20 million in assets. Originally founded in 1926 to serve postal employees of the Lynn, MA postal district, Massachusetts Family CU now serves all postal employees and their families in Essex, Middlesex, Worcester and Suffolk counties.  The credit union recently opened a new branch location on Lynnfield Street in Peabody, MA.

About NDS/Sharetec

Headquartered in Falmouth, Maine, NDS is a leading provider of core processing and ancillary services to credit unions. NDS (www.ndsys.com) provides both in-house and on-line solutions and is an owner and distributor of Sharetec Systems. With a customer base that has grown 64% since the year 2000, Sharetec Systems is one of the most widely installed credit union software systems in the United States.

The information contained in this press release is accurate at the time of publication. However, specific information may change over time.

For more information, contact Joseph Reis at 800-649-7754 or This email address is being protected from spambots. You need JavaScript enabled to view it..