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Symitar Declares Market Share Superiority

After adding 44 new clients in the last year, Symitar says it has more $50M and up credit union clients than Fiserv.

By Robert McGarvey | Updated on September 18, 2014
Symitar may have an advantage over Fiserv thanks to its easier ability to interface with add-ons.

Monett, Mo.-based core system developer Symitar announced Thursday that as of June 30, the end of its fiscal year, it had added 44 new credit union clients. The figure led the company to proclaim it has the largest market share of credit unions with assets exceeding $50 million.

Five of the credit unions that switched to Symitar during its fiscal 2014 have assets of more than $1 billion, according to the company. All in, Symitar said it now has 90 of the 218 credit unions with more than $1 billion in assets.

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