STERLING, Colo. — Sterling Federal Credit Union here has decided to convert from Fiserv Portico to Sharetec for its core and home banking processing.
The $127 million CU signed with Waco-based Data Systems of Texas, an owner/distributor of the Sharetec System. In addition to the standard features, Sterling FCU selected Sharetec Mobile Banking with remote deposit capture.
The CU will expand its current electronic delivery of documents to members through Sharetec E-Alerts. The company says this not only will reduce paper consumption but also lower the credit union's expenses. With the implementation of Sharetec's Document Manager Software, it said all member-related documents will be accessible directly through the core system.
Founded in 1938, Sterling FCU serves more than 8,700 members.
Sharetec, a provider of both in-house and service bureau core solutions, has more than 300 credit union clients.