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FedComp Lands its 1,000th User of TNG

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...

By Staff Writer | Updated on October 12, 2004

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.

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