US core banking tech provider Corelation signs two new clients in Hawaii
Corelation, a San Diego-based core processor for credit unions, has signed Hawaii Community Federal Credit Union and Pearl Hawaii Credit Union as clients.
Both the federal credit unions chose Corelation’s KeyStone core based on staff feedback. Corelation adds that it was chosen for its “person-centric” system and open API KeyBridge, which allows for “seamless” integration with both new and existing vendors.
“With so many new and emerging technologies in our industry, one of the real challenges I’ve experienced is limitations to integrating and adding functionality to the core,” says Dan Terada, president and CEO of Pearl Hawaii FCU.
“With Corelation’s open API, we can confidently move forward with third parties and in-house solutions.”
Hawaii Community FCU says the KeyStone core was easy to use, reducing training time for its employees and eliminating manual steps for everyday tasks and processes. It is scheduled to move to the new core in April 2024, while Pearl Hawaii is scheduled to convert in June 2024.
Founded in 1936, Hawaii Community FCU boasts more than 46,000 members and manages $798 million in assets. Pearl Hawaii FCU was founded 85 years ago, and today manages $464 million in assets with over 31,000 members.