MONETT, Mo.– Symitar has announced the expansion of its partnership with the CUSO Member Driven Technologies.
Based in Farmington Hills, Mich., MDT provides credit unions with a private cloud alternative for core processing and IT needs. Its client base represents more than $22 billion in assets and approximately two-million members.
MDT and Symitar reported they have enjoyed a successful 15-year partnership, and the CUSO currently hosts Episys solution for 93 credit unions. With the expansion of this relationship, MDT will now provide the Episys platform to credit unions in the Northeast region, the companies said.
“At MDT, we’re committed to providing our credit union clients with the tools necessary to best serve their members and succeed, which is why we host the best-in-class Symitar Episys platform,” Larry Nichols, chief executive officer of MDT. “Our partnership with Symitar has provided credit unions with powerful, flexible, and highly integrated core processing for more than a decade, and now we will be able to extend these benefits to credit unions in a new region.”
MDT said its hybrid approach to outsourcing allows credit unions to boost efficiencies and security while reducing costs. The CUSO maintains a private server for each credit union client, empowering them with high levels of control over their critical information and the confidence that their data is well protected. In addition to core processing, MDT offers a full range of products and services that credit unions can leverage to operate the entire institution.