FAIRFAX, Va. – FedComp isn't wilting under the pressure of large public companies that now dominate the credit union data processing space. These giants include Fiserv, Jack Henry, Fidelity National and even OSI is becoming part of that group. One of the last remaining independent processors, FedComp said that it now has 1,000 credit unions using its system – The Next Generation (TNG). FedComp primarily serves credit unions under $50 million. TNG is Windows-based and utilizes an MS-SQL database, and online real-time diagnostic and training support.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.