Dec. 2, 2013


  • Most core providers are either public traded or closely held private companies, which are interested in one thing only an that is increasing their shareholder/owners. Where is the incentive for core providers to invest their profits into rewriting their core system(s) or making meaningful enhancements as long as credit unions are willing to put up with the status quo? With all of the consolidation of core providers and the fact they are sun setting core systems at an ever increasing rate, perhaps it's time for credit unions to turn to a credit union solution created by credit unions. A core system developed and owned by credit unions within a CUSO gives credit unions real control over the future of their core system.
    Robert V. Taylor, President/CEO, ISU Credit Union