Harland Financial Solutions Maintains Steady Client Growth For Credit Union Core Solution
Three Financial Institutions Select UltraData® Enterprise
Lake Mary, Florida (November 22, 2010) – Harland Financial Solutions announced today that its UltraData® Enterprise core processing solution has been selected by Indiana State University Federal Credit Union, RF&P Richmond Federal Credit Union and Wyo Central Federal Credit Union. All three institutions chose the service bureau delivery model of UltraData Enterprise and also purchased additional products from Harland Financial Solutions to supplement their core selection.
Indiana State University Federal Credit Union, based in Terre Haute, Indiana, has signed an agreement for UltraData Enterprise in an outsourced environment. Additionally, the credit union licensed mortgage solutions from Harland Financial Solutions, including E3® for Web-based loan production, Servicing Director™ for loan servicing, and Great Docs® for compliant mortgage documents.
“Converting data processing systems is generally the largest, most complex project a credit union can take on,” said Trent Kerr, CEO of Indiana State University Federal Credit Union. “Although we're new to Harland Financial Solutions, we've already developed an element of trust and are confident that UltraData Enterprise is a very good fit for our organization.”
RF&P Richmond Federal Credit Union, based in Richmond, Virginia, has also signed an agreement for UltraData Enterprise in an outsourced environment. Additionally, the institution will be the first UltraData Enterprise client to install Harland Financial Solutions’ Electronic Funds Transfer (EFT) solution.
“We are excited about partnering with Harland Financial Solutions, as the company offers a wide range of solutions beyond core processing,” said Catherine McDermott, president and CEO of RF&P Richmond Federal Credit Union. “We believe Harland Financial Solutions is the best choice to help us grow, with solutions across the entire banking enterprise available as we need them.”
Wyo Central Federal Credit Union, based in Casper, Wyoming, has signed a long-term agreement for UltraData Enterprise in an outsourced environment, along with Cavion® Internet Banking.
“We are impressed with the modern architecture of UltraData Enterprise and believe its proven technology will help us best move forward with our objective to better serve our members using cutting-edge solutions,” said Janeice Lynch, CEO and president of Wyo Central Federal Credit Union.
“We are pleased to add these credit unions to the growing list of institutions nationwide that opt for the outsourced service model of UltraData Enterprise. This method provides the same features and functionality of an in-house system, but with the added convenience and affordability of a service bureau environment,” said Raju Shivdasani, president of Harland Financial Solutions. “We are uniquely poised to serve credit unions with the broadest range of retail and commercial solutions that meet their needs, no matter their asset size or delivery model preference.”
About Harland Financial Solutions
Harland Financial Solutions, Inc. (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. It is a leader in core systems, business intelligence, branch automation, payment processing, enterprise content management, lending solutions, risk management, compliance, financial accounting, mortgage solutions and self service solutions. The company is an indirect wholly-owned subsidiary of Harland Clarke Holdings Corp., which also owns Harland Clarke and Scantron.
The information contained in this press release is accurate at the time of publication. However, service offerings and availability, relationships, contacts and other specified information may change over time.