SANTA MONICA, Calif.–California Lithuanian Credit Union here has signed a contract with Memphis-based Share One to install NewSolutions as their new core processing software. Dainius Vaidila, CEO, of the $115-million CLCU, said the conversion will take place in October 2017. CLCU will represent the 12th member of the SCCUA group that has selected Share One as their vendor of choice and also represents number 21 of Share One’s overall clients located in Calif.
“We were looking for a core solution which delivers a smooth member experience and a better level of response to our requests for help. We considered several other core providers and their options, but ultimately NewSolutions provided the best overall value for our needs," said Vaidila. “We are currently lacking an efficient workflow for our services, so our staff is excited to get the chance to complete a transaction without logging on to another third-party vendor in a separate software. We have members that are geographically distant so the digital services, NSHome and NSMobile, offer our members the seamless, fast, and leading-edge technology which allows us to compete with the big banks."
“We are very fortunate to gain California Lithuanian Credit Union as our client,” said Jose Garcia, Senior Sales Representative of Share One, Inc. “We are committed to the collaborative approach that pervades the SCCUA group’s ideology, and specifically, we are excited to get to know the individuals at CLCU and welcome them into the Share One family,” he said.
Share One, Inc., a CUSO, said it is a leading developer of credit union core processing software and serves an expanding client base of credit unions with assets ranging from $10 million to $1.8 billion.