Credit Unions Unveil New Investment Platforms & Cores
San Diego’s CUSO Financial Services and core provider Corelation extend their lists of credit union clients.
Recent credit union tech announcements include a North Carolina financial institution with an updated investment platform and five organizations from around the country that are implementing a new core.
The $355 million, 42,000-member, Winston-Salem, N.C.-based Piedmont Advantage Credit Union announced the release of the credit union’s online investment platform called My Portfolio View. This technology, available through the San Diego, Calif.-based CUSO Financial Services, L.P., provides member-clients with greater insights into their investment portfolios, introduces greater reporting features and offers more robust document storage.
For a more streamlined experience, member-clients can also integrate Piedmont Advantage Access Online Banking for greater convenience and flexibility, giving them the ability to access, view, download and print checking, savings, credit card and loan accounts as well as investment account information at any time.
“We provide easy-to-use technology that allows people to quickly access and track their financial lives,” Michael Westbrook, CFS financial advisor at Piedmont Advantage, said. “We can also provide the personalized attention they need to ensure their financial well-being in the New Year.”
The San Diego-based core provider Corelation has been busy signing a number of new credit union clients. Each will be converting to Corelation’s KeyStone platform.
The list includes Cross Valley Federal Credit Union ($160 million, 20,000 members, Wilkes-Barre, Penn.); Wheelhouse Credit Union ($283 million, 20,000 members, San Diego); Fort Financial Federal Credit Union ($227 million, 28,000 members, Fort Wayne, Ind.); Appalachian Community Federal Credit Union ($234 million, 18,000 members; Gray, Tenn.); Mutual First Federal Credit Union ($95 million, 12,000 members, Omaha, Neb.); and HFS Federal Credit Union ($570 million, 50,000 members, Hilo, Hawaii).
According to Corelation, the open architecture of the KeyStone platform enables clients to adapt to evolving market trends, especially during the current demands of digital solutions. With KeyStone, credit unions can select their own third-party vendor integrations, thereby creating their own customized banking ecosystems.
“We are thrilled with the opportunity to partner with our six new clients in helping them reach their strategic goals and we are confident that KeyStone’s intuitive and modern design will empower credit unions to provide enhanced member service,” Corelation director of business development Tim Maron maintained.