CUProdigy Reports Strong Growth in its Infrastructure as a Service Business

LAYTON, Utah–CUProdigy, a leader in IaaS design and hosting solutions specifically for credit unions, is reporting it experienced 60% growth in its Infrastructure-as-a-Service (IaaS) business from 2016 to 2017, and interest is only growing in 2018.

“Credit unions were founded to serve the financial needs of their members,” said CUProdigy CEO Anthony W. Montgomery. “Managing on-premise servers is a distraction from that mission – and an expensive distraction at that – especially when the cloud offers such a practical, cost-effective alternative.”

Edwards Federal Credit Union is one of the credit unions that moved its servers to the CUProdigy cloud in 2017. Roy MacKinnon, the credit union’s CEO, said that CUProdigy’s IaaS has completely transformed the credit union.

“We had servers in two locations, which made managing them twice as hard,” said MacKinnon. “By moving our servers to CUProdigy’s cloud, I was able to reorganize our entire IT operation and get everyone more focused on member service instead of maintaining hardware.”

“Our cloud services are tailored specifically for credit unions,” added CUProdigy CTO Xerex Bueno. “What’s more, we provide a wide range of professional services to ensure that each credit union enjoys the most efficient, cost-effective cloud deployment possible.” 

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Copyright Year: 2026
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