Estacado FCU selects Corelation KeyStone for core upgrade
Throughout its history, Estacado Federal Credit Union ($80 million assets; 7,703 members; Hobbs, NM) has experienced steady growth in assets, membership, and its branch footprint in New Mexico and expansion into Texas.
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It is the largest credit union within 100 miles of its main office and it is committed to offering advanced products and services to its members.
“Prior to embarking on our core selection process, we completed an extensive review of our needs as a full service financial institution, as well as the needs of our staff and our members. From that review, we developed a list of core system requirements that guided our strategic examination of each system’s functionality, integration capability, and existing client base,” shared Estacado Federal Credit Union CEO Mark Roddenberry. “We chose Corelation’s KeyStone for its 24/7/365 uptime, its robust API [KeyBridge], and its scalability to support credit unions with a wide range of demographics.”
Corelation clients represent credit unions located in all time zones within the United States with assets ranging from less than $100 million to over $5 billion. Representation also includes credit unions with a branch footprint of one branch to multiple branches spread across multiple states.
“Out of the 40 credit unions in New Mexico, two of the largest are existing Corelation clients,” noted Roddenberry. “Joining a like-minded community driven by innovation and member service is also of the utmost importance. Not only will KeyStone provide us with ample opportunity to expand our financial offerings, but so will our partnership with Corelation. They continuously demonstrate their commitment to client service.”
Estacado Federal Credit Union is scheduled to convert in January 2021.
“We are honored to work with some of the best credit unions in the country and are grateful to welcome Estacado Federal Credit Union to our Corelation community,” shared Corelation President/CEO Theresa Benavidez. “The collaboration and connections between our staff and our credit union and vendor partners are the keys to our success as individual organizations and as a whole. We look forward to supporting Estacado Federal Credit Union’s upcoming achievements on the KeyStone core.”