Credit union core processing vendor, Corelation, Inc., welcomes Oregon State Credit Union ($1 billion; 91,871 members; Corvallis, OR) to its KeyStone core processing system family.
Oregon State signed with Corelation for a number of reasons: enhance the member experience, quicker onboarding of new staff, easier integration with other third-party vendors, improved access to data and information, and a stable system. The credit union will convert to KeyStone in the winter of 2017.
Oregon State has been on its current system for approximately 30 years and, subsequently, needed to have a core system that was flexible enough to grow and meet the ever-changing needs of its membership. Its current system also requires extensive training to become proficient serving members’ needs – a consuming task that will be rectified with KeyStone’s ease of use.
According to the credit union’s President/CEO Rick Hein, Oregon State will also benefit from the KeyStone technology being designed on industry standard platforms and making its KeyBridge API available to the industry. Because of KeyStone’s intuitive interface and numerous operational efficiencies, it will allow the credit union to spend more time finding solutions for members.
“We conducted an extensive review of several alternatives and determined that Corelation and the KeyStone system is a breath of fresh air to core operating systems and the credit union industry,” states Hein. “Corelation wants us to succeed using their innovative state-of-the-art Keystone program. Their software is designed from the very beginning with the goal of taking full advantage of the latest technology. The cultures at both of our organizations align extremely well and prioritize a genuine concern for member service.”
“Being able to address Oregon State’s technology concerns and the fact that our cultures click so well is a great start to a long and mutually beneficial partnership,” says Corelation President/CEO Theresa Benavidez. “Our technology will provide Oregon State with the ability to integrate in real-time to third parties of their choice, which will enhance their value to their members exponentially well into the future.”