Peoples Advantage Federal Credit Union and Century Credit Union Partner with MDT
Summary
Peoples Advantage FCU, based in Petersburg, Va., has a mission to provide the underserved, unbanked and creditless population with better, easier access to financial services and guidance. “The core platform is the crux of a credit union’s operations, so we understood the importance of finding the right fit for our institution,” said Patsy Smith, president and CEO of Peoples Advantage FCU. The credit union decided to search for a new core platform provider with the modern technology and infrastructure to allow the institution to spend less time on manual, tedious tasks and instead focus on more strategic member-facing and growth initiatives. “When completing our due diligence, we narrowed our search process down to three providers based on competitive pricing and products offered and had each one demo its platform for our team,” said Bob Eike, president and CEO of Century CU. The CUSO’s service-first, hybrid approach to outsourcing enables credit unions to boost efficiencies and security and reduce costs while maintaining a high level of control.