Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Your Legacy Federal Credit Union, based in Tiffin, Ohio, will transform its digital capabilities for staff and members with the ASP Portico core account processing platform from Fiserv.
As a part of this move, the credit union will leverage an integrated suite of solutions - ranging from loan origination to online banking to debit cards - to meet evolving needs of current and future members.
Your Legacy FCU has more than 6,500 members and was founded in 1952.
“Like any credit union, we didn’t take the idea of changing core processors and other systems lightly, but it was imperative,” said Derek Sidor, president and CEO, Your Legacy FCU. “Fiserv has created an ecosystem that is tightly integrated, and oriented toward future functionality and growth. We needed better digital capabilities to serve members and become more efficient, and we also wanted stability and a clear development path. Fiserv was the best choice to meet those needs.”
The new solutions will drive numerous efficiencies at Your Legacy, including increased data and processing capability directly within the core. Tightly integrating solutions into the Portico platform will also provide Your Legacy with a better understanding of its membership through consolidated data, analytics and reporting.
“Your Legacy needed more robust and integrated data capabilities to provide its staff with connected and current insights to better meet the needs of members and make informed, effective business choices,” said Vincent Brennan, president, Credit Union Solutions, Fiserv. “Working with Fiserv will enable Your Legacy to ease and enhance processes for IT and front-line staff, and unify existing and yet-to-be-created capabilities - resulting in intelligent, more consistent member experiences now and in the future.”
Contributed | what does this mean?