This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Indiana Members Credit Union Selects Symitar's Episys Core Platform

MONETT, Mo., May 21, 2013 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Symitar® division announced today that $1.3 billion Indiana Members Credit Union has selected Episys® for in-house core processing. More than 35 percent of U.S. credit unions with more than $1 billion in assets are now automated by Episys, which also has the largest market share of credit unions with assets exceeding $50 million.

After many years with its current core provider, Indiana Members Credit Union needed a more sophisticated core platform, but was hesitant to make any changes that would infringe on its member experience and the daily activities of its employees. The credit union selected Symitar because of its corporate stability, reputation for efficiently managing the entire conversion process, and its commitment to continued research and development. Indiana Members Credit Union promotes a philosophy of "Keeping It Simple" for all of its processes and services, and Symitar can deliver a core platform adhering to that principal.

Ron Collier, CEO at Indiana Members Credit Union, said, "We have a commitment to provide members with consistent, superior service. They should not be bothered by the fact that we are changing core processors and Symitar understands that. We look forward to expanding our relationship with a partner that takes our members' needs to heart in terms of dependable delivery and innovation."

Collier added that he is excited about the openness of Episys and expects it to improve how members conduct business with the credit union. Episys' functionality will enable employees to be more efficient and enhance member service. Symitar also encourages client input and incorporates that feedback into its evolving technology plan. Collier appreciates that his credit union's recommendations have the potential of enhancing his technology platform as well as benefiting the entire Episys community.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs