PSECU live with new core banking system, Corelation’s Keystone
Pennsylvania State Employees Credit Union (PSECU) has converted from the legacy Jack Henry’s Symitar core processing system to Corelation’s Keystone.
The deal was unveiled last summer, and is Corelation’s largest to date, FinTech Futures understands. PSECU services over 450,000 members and has more than $5.3 billion in assets.
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California-based Corelation was set up in 2009 by John Landis. He helped to write the Episys core system, which now resides within the aforementioned Symitar.
Other go-lives of the Keystone system this year have been on a smaller scale. They comprise Marshland Community Credit Union in Georgia, AFA Federal Credit Union in Arizona, SIU Credit Union and Onized Credit Union in Illinois, Anoka Hennepin Credit Union in Minnesota (and the first Keystone user in the state), Central Willamette Community Credit Union in Oregon, Brazos Valley Schools Credit Union in Texas, and Blue Eagle Credit Union in Virginia.
Earlier this year, Fort Bragg Federal Credit Union in North Carolina and Launch Federal Credit Union in Florida signed for Keystone. Also, Corelation has recently gained a larger taker of its flagship offering – HAPO Community Credit Union in Washington, with $1.5 billion in assets.
