CASA GRANDE, Ariz. –First American Credit Union here said it has selected CUProdigy to be the provider of is new data processing solution.
The $107-million CU’s chief operating officer, Phil Peters, said in a statement that he and the credit union were “fed up with his big corporate core provider’s inability to integrate with third party vendors that would best serve his members’ needs.”
In addition, Peters said First American had also tired of being charged for custom reports and other modest adjustments he felt should have been complementary.
“We no longer have to be limited in our third party searches,” Peters said. “Whatever is cutting edge, whatever you’re looking at, CUProdigy will find a way to integrate with it.”
Peters said he is a big supporter of CUSOs and said the people helping people culture at CUProdigy is responsible for the core’s superior functionality for credit unions.
“This core was clearly developed by credit union people who had an active hand in developing the software,” he said. “Everything from all my years of working in a variety of positions in operations that I would love to see in a core, it was there. It was remarkable.”
CU Prodigy’s CEO, Anthony W. Montgomery, added, “Credit unions should have the ability to select the technology that delivers the best experience for their unique fields of membership. The cookie cutter solutions offered by the big, corporate cores shouldn’t be the only option, especially not at such inflated prices. Because we’re a CUSO, our focus is on serving our members, not generating profits.”
