Brookfield, Wis. Fiserv Inc., a leading provider of information technology services to the financial industry, announced that it has signed three credit union clients to core processing contracts while transitioning one client to a different core processor in the Fiserv family. The newest Fiserv clients have chosen the DataSafe, iSpectrum and Premier core systems, along with complementary solutions such as the Virtual Branch Internet banking suite, the Wisdom Financial Management Suite and EFT services.
“Credit unions continue to select the unrivaled combination of a Fiserv core system coupled with the many value-add
solutions we offer to help credit unions grow their membership, generate revenue, reduce costs and improve efficiency,”
said Jeff Givens, senior vice president/national sales manager, Fiserv Credit Union Division. “Our internal CU7 strategy,
which creates a single connection for the broadest portfolio of technology solutions in the industry, is instrumental in
making Fiserv the technology partner of choice for a growing number of credit unions.”
Summit Credit Union in Madison, Wis. will become a $1.2 billion institution when it merges with Great Wisconsin Credit Union on November 1, and together the new entity will run the DataSafe system from the Fiserv USERS business line. The merging credit unions evaluated their current processors (which included DataSafe and a competitor) and chose DataSafe to meet the evolving needs of more than 111,000 members.
Ukrainian Credit Union of Toronto, with C$360 million in assets, chose the iSpectrum core system from Fiserv’s Summit Financial Technologies Canada. The credit union is also adding the Fiserv Wisdom Accounting Suite and the ConvergeIVR voice response solution, which will be implemented in both English and Ukrainian.
Southern Select Community Credit Union in Kannapolis, N.C., a $30 million institution, chose the Premier core system from the IntegraSys business line, as well as complementary solutions such as the Virtual Branch ecommerce suite, Wisdom Financial Management Suite and Fiserv EFT services.
In addition, Wheatland Federal Credit Union in Lancaster, Pa. is transitioning from its current Fiserv core platform to the
Advantage system from the AFTECH business line. Wheatland FCU will also be integrating complementary Fiserv solutions
such as the Wisdom Financial Management Suite, iSwitchKit for online account opening and the ConvergeIVR interactive
voice response system with Spanish language capabilities.