OREANDA-NEWS. February 25, 2016.
Fiserv,
Inc. (NASDAQ:FISV), a leading global provider of financial services
technology solutions, announced today that 25 credit unions, with
approximately
\\$2.5 billion in assets and 250,000 members collectively,
have committed to the CUnify™ account processing platform from
Fiserv.
Five of these credit unions are new core processing clients of
Fiserv,
and will be converting to CUnify in 2016.
CUnify is a scalable account processing platform with streamlined
functionality for relational reporting, cross-selling, native lending
and end-of-day processing. The platform enables credit unions to grow
member relationships, while driving efficiency and profitability through
integrated digital and mobile services.
One of the new CUnify clients is 1st Ed Credit Union, based in
Chambersburg, Pennsylvania. With more than \\$125 million in assets and
6,400 members, the credit union selected CUnify and integrated
solutions, including: ConvergeIT®: IVR for automated voice
response services, Data Vaulting™ for automated backup and data
protection, Digital Document for CUnify™ for enterprise content
management, and tools for online banking, eStatements and streamlined
call report functionality. The comprehensive Fiserv solution set will
support 1st Ed Credit Union's growth strategy by increasing efficiency
and nurturing member relationships.
"We reviewed the technology offerings from a number of vendors, and feel
confident that Fiserv and CUnify are the best fit to help our credit
union grow and prosper in the years ahead," said
Kelly Childress, CEO,
1st Ed Credit Union. "CUnify will enable us to deliver an enhanced
member experience with greater flexibility and efficiency."
Southwest 66 Credit Union, based in Odessa, Texas, with more than \\$81
million in assets and 9,000 members, recently extended its CUnify
partnership with Fiserv. The credit union has been a CUnify client since
1983 and its president and CEO,
Sean Cahill, serves as the Chair of the
Strategic Committee for the CUnify Client Advisory Board. Southwest 66
Credit Union leverages CUnify with integrated solutions from Fiserv,
including Digital Document for CUnify and tools for disaster recovery
protection, and print and data services.
"Fiserv is a leading-edge technology partner with strong expertise in
the credit union industry. I have seen how much they value the input of
clients and how they work closely with us to address key trends and
advancements that are impacting the industry," said
Sean Cahill,
president and CEO, Southwest 66 Credit Union. "CUnify is a platform for
credit unions that are focused on the future."
"To achieve best-in-class results, credit unions rely upon innovative
technology that is flexible and can readily adapt to their current and
future needs," said
Mark Sievewright, president, Credit Union Solutions,
Fiserv. "CUnify enables credit unions to deliver services that are in
step with the way people live and work today, while identifying new
opportunities to grow and build strong relationships. CUnify is a
foundation for our clients' continued success."
Fiserv is the U.S. market leader in account processing services, and
more than one-third of U.S. financial institutions rely on Fiserv for
account processing solutions and expertise.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at TheSpeedofLife.com.
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