Three corporate credit unions that use the Member$MART online application are midway through upgrading to a second-generation system that meets the latest Federal Financial Institutions Examination Council requirements.

All three corporates are members of the Corporate Synergies CUSO. Southeast Corporate has converted the bulk of its 2,600 users to the new system. In July users at VACORP were transitioning to the new platform. Georgia Central members are making the switch in August. Once the upgrade is complete, more than 4,000 members from 800 credit unions will be using the enhanced product.

Steve Jones, director of product support and implementation at Southeast Corporate, said NCUA and others have expressed concern about high-risk systems involving monetary transactions.

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