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NorthernINBlue

PRESS RELEASE

May 26, 2020 - FOR IMMEDIATE RELEASE

LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Northern Indiana Federal Credit Union (NIFEDCU) has selected Sharetec to be their new core system.

In 2019, NIFEDCU’s Board & Management Team participated in Strategic Planning where it was determined that the CU had to offer the same products, programs, and technology offered by larger, traditional financial institutions. Technology and innovation emerged as key priorities. As a result, it was determined that NIFEDCU needed a new core system.

Christine Biasi, President & CEO, explained "In order to position NIFEDCU for future growth, it was essential that we partner with a company that not only provided an innovative system, but one that also integrated a suite of complimentary solutions outside the core program including a comprehensive loan operating system including the ability to provide both direct and indirect lending; remote deposit; online banking/bill payment; remote signature; direct issue debit cards; and integrated interfaces for credit and debit card programs. In the absence of a seamless, unified approach, augmenting individually would have been an exhaustive process.”

Christine continued “Having overseen several core processor conversions, it did not surprise me when my NIFEDCU team chose Sharetec. With Sharetec at the hub on the CU’s entire operating system, I trust the management team and the conversion crew’s proven success, which is fundamental to my confidence in the Sharetec Core Processing system.”

Matt Isger, Regional Director for Sharetec, comments, “The team at NIFEDCU were diligent in their method to evaluate many parts of the core solutions they were considering. With many of the credit union’s processes being automated, I am looking forward to watching the dramatic transformation on Sharetec.”

About Northern Indiana Federal Credit Union
Located in Merrillville, IN, Northern Indiana Federal Credit Union has been serving its members since 1935. Membership is open to employees of companies belonging to Select Employee Groups, as well as their family members and/or household members.

About Sharetec
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.