The $35 million, 6,200-member Lennox Employees Credit Union in Marshalltown, Iowa, will be converting its core processing onto the Sharetec system through Bradford-Scott Data Corp. of Indianapolis, the company said.
"We want a more reliable system with better integration and value. Sharetec also offers remote signature capabilities to allow us to serve our out-of-town members faster and more efficiently," said Gary McKibbin, CEO of Lennox Employees CU, in a statement.
Matt Isger, regional director of Bradford-Scott, said, "Lennox Employees Credit Union wants to focus more on their members and less time on their system. It is a good fit for us both."
Bradford-Scott is one of four regional owner-distributors of the Sharetec system, which the company said is now in use by more than 300 credit unions.
Lennox Employees CU currently runs on the Fiserv CUSA platform now in place at about 430 credit unions, according to the Technology Survey from Callahan & Associates.
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