FLORENCE, S.C.–The $2.4-billion Founders FCU said it is moving to Corelation’s KeyStone platform for core processing.
“We developed an in-depth score card that steered our efforts, so we examined every aspect of a core solution along with its provider,” said Founders FCU CTO Bob Bender. “The KeyStone platform offered unparalleled innovation and technology with its open API, and after transparent conversations with the Corelation team, we are certain we selected the right partner.”
When the credit union began considering a conversion in 2012, it was approaching three decades of service with its current core system.
“Equipped with the knowledge of what members need from their primary financial institutions, we knew that it was more than what we are able to deliver with our resources today. We are determined in bringing innovation to serve our membership in a faster and more affordable manner so that we can provide the best member experience,” added Bender.
Founders FCU said its core selection team consisted of more than 130 employees who attended multiple demos, sought answers related to critical operational processes, facilitated onsite discussions with Corelation’s executive team, and traveled to witness live KeyStone conversions (including Corelation’s largest client-to-date).
“We are pleased to officially welcome Founders Federal Credit Union to our Corelation family,” said Theresa Benavidez, president/CEO of San Diego-based Corelation. “We understand that the core selection process can be lengthy and arduous, so we offer complete transparency into our company’s growth and success. We take pride in delivering a powerful platform to our credit union partners, which allows them to focus on meeting the needs of their membership.”