Meridian Credit Union moves to Fincentric core banking technology

Source: Fincentric

Fincentric Corporation, a leading global provider of core retail banking software to financial institutions, today announced that Meridian Credit Union has completed a large-scale conversion to Fincentric's core banking system to offer better member services across all channels.

The seamless expansion of database and software matches the growing demand of the third largest credit union in Canada. "Our partnership with Fincentric has given us the software tools we need to better manage and service our 187,000 members," says Steve Gesner, CIO at Meridian Credit Union. "Technology continues to be a significant factor in delivering outstanding relationship service to our members. All of our systems are up and running and we’re very pleased with the deployment of our new banking system from Fincentric, which was accomplished on schedule and within budget."

Meridian Credit Union required a flexible banking platform that met its technology vision as well as its business objectives for industry leading vendor support. Fincentric offered a scalable solution for Meridian’s developing needs. Its comprehensive financial software system now provides Meridian Credit Union with a complete front-to-back office banking solution that supports its many delivery channels, including branch, ATM, POS, IVR and Internet services.

In 2005, Meridian was formed with the merger of Niagara Credit Union and HEPCOE Credit Union. The credit union decided to adopt Fincentric’s software solution, which is flexible and scalable, and allowed the new credit union to seamlessly integrate and enhance Meridian’s overall operations. Fincentric software provides Meridian Credit Union with core banking capabilities, integrated delivery channels and real-time, online transaction processing.

"The success of the conversion reflects our ability to implement large scale banking systems within the Canadian financial services industry," said Robert Nygren, President & CEO of Fincentric Corporation. "We're excited to play a part in Meridian's future growth as they continue to demonstrate leadership within the growing credit union system."

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