Corelation gains new core banking tech clients, reports go-lives
Corelation has onboarded 55 clients since its inception in 2009
Corelation, a California-based core banking software vendor, has recently signed new takers for its flagship platform, Keystone. These are FivePoint Credit Union in Texas, Coca-Cola Credit Union in Georgia, and CommunityWide Federal Credit Union in Indiana.
FivePoint and Coca-Cola credit unions are penned to go live with Keystone in October 2017.
The project at CommunityWide FCU will take longer, with the go-live planned for January 2018.
The vendor says it has also completed a number of conversions over the last few months, including at True North Federal Credit Union in Alaska, Reliant Community Credit Union in New York, and three Texan credit unions: First Service, Members Trust of the Southwest, and Energy Capital.
Earlier in 2016, NW Preferred Federal Credit Union in Oregon, Nutmeg State Financial Credit Union in Connecticut, and Pasadena Federal Credit Union in California also went live with Keystone.
In mid-2016, Corelation also signed Oregon State Credit Union and Park View Federal Credit Union.
Its customer count has now surpassed 55.
The company was set up in 2009 by John Landis. Previously, Landis helped to write the Episys core system that now resides within the Symitar division of a US banking software heavyweight, Jack Henry.
Corelation targets small to medium-sized credit unions across the US. The bulk of its customers are in the smaller tier – up to $600 million in assets.
Its biggest client is Arizona-based Desert Schools Federal Credit Union with $3.8 billion in assets. It went live with Keystone in 2015, replacing its legacy platform, Fiserv’s Signature.
