Press Release |
Certified Federal Credit Union Makes Switch to Harland Financial Solutions Core System; Teachers Federal Credit Union Renews
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UltraData® Enterprise Selected to Drive Efficiency, Retention and Growth LAKE MARY, Fla.--(Business Wire)-- Continuing its momentum in credit union core enterprise deals, Harland Financial Solutions announced that its UltraData® Enterprise system has been selected by Certified Federal Credit Union. UltraData Enterpriseis a real-time core processing system with powerful integrated applications for lending, retail and branch operations, electronic banking, and marketing to deliver the most up-to-date information for member-service and sales functions. Certified Federal Credit Union (FCU), located in the City of Commerce, California, will utilize UltraData Enterprise in-house to serve its growing membership, which originated with grocery industry employees. Among Certified FCU`s reasons for selecting Harland Financial Solutions is the company`s ability to deliver on all technology requirements. "The breadth of solutions from Harland Financial Solutions combined with the company`s expertise in the credit union industry was the driving force behind our decision," said Phyllis Webb, vice president of operations at Certified FCU. "We were in search of a true partner to help drive our focus on efficiency, retention and growth. With Harland Financial Solutions, we have found that partner and look forward to a long and prosperous relationship." A current user of Harland Financial Solutions` Cavion® Internet Banking, Certified FCU will implement additional Harland Financial Solutions applications, including its FMS Financial Management Board Reporting, and will convert to UltraData Enterprise in July of this year. The UltraData Enterprise system from Harland Financial Solutions is a popular solution among credit unions. More than 30 UltraData clients have renewed their contracts in the past year. One example is the $2.8 billion in assets Teachers Federal Credit Union (FCU) in Farmingville, New York. It recently renewed its contract for UltraData Enterprise to serve its nearly 200,000 members. "The strong partnership that Teachers has had with Harland Financial Solutions over the years has enabled us to attain our annual goals," said Bob Allen, president and CEO of Teachers FCU. "As we continue to grow our membership, we remain committed to adding new products and services to support our growth and rely on Harland Financial Solutions to provide the necessary solutions to sustain our success." "During these challenging economic times, it is critical for us to demonstrate our ability to deliver visible results that provide our clients a quick return on their investment," said David McConney, executive vice president and general manager of the Credit Union Core Systems group for Harland Financial Solutions. "Our focus continues to be on how our technology can help our clients serve their members better, provide operational efficiencies, promote growth and help manage risk. With these areas as our priorities, we can ensure we retain a loyal and successful client base, which is our primary goal." Harland Financial Solutions delivers UltraData Enterprise in both an in-house and outsourced environment to hundreds of credit unions nationwide. Harland Financial Solutions` Enterprise Services Center delivers UltraData Enterprise as an online service bureau offering to more than 200 credit unions nationwide. Located in West Des Moines, Iowa, the Enterprise Services Center is a state-of-the-art data center, providing unparalleled data protection, consistent service and technical expertise 24-hours a day, seven days a week. About Certified Federal Credit Union Certified Federal Credit Union began in 1949 when a group of Certified Grocers of Southern California (United Grocers) employees formed a financial cooperative dedicated to serving the needs of the grocery industry employees. The cooperative was owned and operated by the same people it served. Fifty-nine years, 8,600 active members, and $52 million in assets later, Certified Federal Credit Union has continually renewed its commitment to the community and its members, primarily the California grocery industry employees. About Teachers Federal Credit Union Teachers Federal Credit Union (TFCU) provides more personal financial services to more than 194,000 members and with over $2.8 billion in assets, is one of the largest credit unions in the country. About Harland Financial Solutions Harland Financial Solutions, Inc. (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. It is a leader in core systems, item processing, enterprise content management, branch automation, customer relationship management, business intelligence, origination and document solutions, risk management, compliance training, financial accounting, open documents, mortgage solutions, electronic funds transfer (EFT), electronic banking and advisory services. The company is a wholly-owned subsidiary of Harland Clarke Holdings Corp., which also owns Harland Clarke and Scantron. The information contained in this press release is accurate at the time of publication. However, service offerings and availability, relationships, contacts and other specified information may change over time. Harland Financial Solutions Stacey Leone, 800-778-5667, x6653 Director, Public Relations firstname.lastname@example.org Copyright Business Wire 2009