Chicopee MECU-color-correction-smaller

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

Ken Champeau, Manager/CEO of CMECU stated “After much study we are confident NDS/Sharetec will meet our needs of providing excellent service to our membership while continuing to satisfy all compliance demands at a reasonable cost.”

To read more, visit


Sharetec System announces Members “First” Community Credit Union (MFCCU) has switched from Sharetec’s In-House system to their Service Bureau, extending their contract with Bradford-Scott Data Corporation, an owner/distributor of the Sharetec System.

Teri McEwen, President of MFCCU, remarks,
“Our credit union considers member data security as a top priority, so we wanted to get the member data out of our office and over to the Sharetec Service Center, an industry leading facility, which has the many levels of security we desire and the redundancy for disaster recovery we need.  We have seen this service center trend coming and feel this will allow us to focus on growing the CU.” 

To read more, visit  


LorMet Community Federal Credit Union of Amherst, Ohio, has remained responsive to the needs of its members– and its longstanding strategy of the critical value of technological advances in providing efficiency and up-to-date services to its membership. LorMet sought out a flexible and cost effective core processing solution that would streamline their credit union processes and provide maximum productivity to staff and members.

LorMet selected Sharetec, a state-of-the-art solution that offers integrated functionality. It is utilized by more than 300 credit unions, establishing it as one of the most widely installed credit union software packages in the U.S. LorMet was impressed with Sharetec’s potential benefits, which would enable them to improve member facing technologies, efficiencies, up-time, service, and support for their members. Most importantly, LorMet saw the Sharetec solution as allowing them to better serve their valued membership now and into the future with innovative and convenient financial products and services.

To read more, visit

megaphonegirl-150x150 108x108

Sharetec System, one of the fastest growing core systems offering a true return on your investment, announces
ISU Credit Union in Normal, IL, has a successful conversion.

Thom Ewen, President of ISU Credit Union remarks, “The conversion team at Sharetec vigorously worked around the clock to make sure all tasks where completed to insure a successful conversion. Conversions are time consuming and can become extremely stressful, but the Sharetec team took away the stress and made it happen. We are looking forward to what Sharetec will bring ISU Credit Union and working with such a dedicated team.”

To read more, visit

Is your credit union ready?

A study done by Callahan & Associates found that 60 percent of credit union’s are looking to introduce or upgrade some type of Mobile Banking this year.

Top 4 new tech tools:

Person to Person (P2P) – a service that allows users to send money via Online Banking to others Via a cell phone or email address that is through service provider network.

Personal Teller Machines (PTM’s) -  are a new breed of video banking technology that combine convenient access and personal member service through video and phone conferencing.

Mobile Check Deposits – allows you to deposit your checks as soon as you get them, without a trip to the bank.

Electronic Signature – is an electronic indication of intent to agree to or approve the contents of a document.

These are just 4 new tech tools that you can provide innovative and flexible service options to your members.

To read this full article click here.