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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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