FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Member Driven Technologies (MDT), a CUSO providing credit unions with a private cloud alternative for core banking and IT needs, today announced that People Driven Credit Union, OUR Credit Union, Cardinal Credit Union, and Veritas Federal Credit Union have selected MDT to host the Symitar® Episys® platform and provide critical IT solutions for their institutions.
Cardinal Credit Union, based in Mentor, Ohio, has been serving communities throughout Ohio since 1953. The credit union was looking for a new core partner that could deliver expanded functionality for its employees and members, and ultimately selected MDT.
Christine Blake, president and chief executive officer of Cardinal Credit Union, explained, “When searching for a new core system provider, we were looking for a core with robust system capabilities, a core that could grow with us as we continue to grow and change, and a company that aligns with our core values. After a thorough review of the options, we felt that MDT best fit our goals and corporate culture. We are very much looking forward to the partnership with MDT.”
People Driven Credit Union is based in Southfield, Michigan, and has branches located throughout the state. PDCU sought a core provider that could provide powerful technology to streamline processes and create efficiencies throughout the institution. After a comprehensive search process, the credit union also selected MDT.
Renee DeMarco, president and chief executive officer of PDCU, said, “We identified a need for a core provider that would both offer our members additional technologies and provide our staff with the tools they need for optimal performance. As a credit union-owned company, MDT meets these goals while understanding the philosophies at the heart of the credit union mission, ’not-for-profit, but for service.’ You truly have a partnership when you work with MDT.”
OUR Credit Union has provided financial services to individuals, families and businesses within the Michigan community since 1959. During its search for a strong technology partner and new core provider, the credit union was impressed with MDT.
Tina Dix, president and CEO of OUR Credit Union, added, “During our search process, it was important for us to find a partner with a strong reputation within the industry, a system that would improve operational efficiencies and a platform that would grow and evolve with us. MDT checked everything off our list. Additionally, we were pleased with MDT’s values and dedication to its clients, which ultimately reflects the service we provide to our members. We are looking forward to 2018 and our transition to the Symitar Episys core platform and partnership with MDT.”
MDT currently provides core processing to approximately 93 credit unions. Its hybrid approach to outsourcing boosts security and reduces the resources required to host IT services in-house, while still allowing credit unions to maintain control over their critical data and information. The CUSO provides every credit union client with a private server, empowering them with the confidence of knowing their data is well-protected and highly customizable.
“At MDT, it’s our mission to deliver the most flexible, powerful and efficient core processing and IT solutions to credit unions, all while allowing them to maintain high levels of control,” stated Larry Nichols, chief executive officer of MDT. “Outsourcing provides the opportunity for credit unions to focus more on member service and strategic growth, and less on burdensome and repetitive upkeep and maintenance. We’re looking forward to working with the four savvy institutions that recently chose MDT, as they truly understand that investing in technology is necessary to maintain superior member service and secure a competitive advantage.”
About Member Driven Technologies
MDT (Member Driven Technologies) provides credit unions with a private cloud alternative for core banking and IT needs. The CUSO’s service-first, hybrid approach to outsourcing enables credit unions to gain efficiency and reduce costs while maintaining control. MDT hosts the Symitar® Episys® core platform, along with seamlessly integrated solutions to run the entire institution, including digital banking, payments, lending, security, continuity and regulatory services. MDT serves credit unions representing more than $22 billion in assets and approximately two million members. Visit mdtmi.com or follow @memberdriven for more information.
