Green Country FCU Selects Portico and Integrated Technology from Fiserv to Support Growth and Boost Business Lending
- Wholesale Banking , Alternative Finance
- 19.12.2016 04:30 pm
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Green Country Federal Credit Union, based in Sand Springs, Oklahoma, has selected Fiserv as their technology partner as they work to drive progressive growth. The credit union will move to the Portico® core account processing platform with integrated digital and mobile banking solutions, and add enhanced functionality for commercial lending. Green Country is transferring its technology from an array of providers to Fiserv, and is the first U.S. credit union to integrate a commercial lending module into Portico.
“After thoroughly reviewing the competitive landscape, we decided that Fiserv was the clear leader in financial technology, and we are confident that our Portico solution suite can help us be more efficient and ultimately grow,” said Brandon Grell, president and CEO, Green Country FCU. “We are excited to be the first credit union to integrate commercial lending technology directly into Portico. This is a major benefit for our members and loan officers, and it will enable us to continuously expand our commercial loan portfolio.”
The software-as-a-service (SaaS) suite selected by Green Country includes Virtual Branch® for online banking with enhanced bill pay, Mobiliti™ for mobile banking, Mobile Source Capture™ for mobile deposits, Loancierge® for lending automation, Wisdom™ for accounting and call report management, WireXchange® for wire transfers, Teller Source Capture™ for front-line automation, and solutions for commercial lending, card processing, statements, and web signatures. In addition, Green Country will engage Raddon℠ for strategic consulting services.
“When a credit union streamlines its technology with one provider, the leadership team needs to be certain that their technology partner will provide them with leading-edge innovation and a genuine commitment to the success of the credit union,” said Ryon Packer, senior vice president, product management, Credit Union Solutions, Fiserv. “We are honored that Green Country has selected Fiserv to help the credit union grow their presence throughout local communities. Members will have access to enhanced digital and mobile services, and more convenient lending processes.”
Green Country was established in 1970, and has approximately $60 million in assets and more than 8,300 members. The credit union’s members consist of those who live, work, worship, attend school or are affiliated with Select Employee Groups in the Tulsa metropolitan statistical area. As the leading provider of member business loans by assets in Oklahoma, Green Country currently services more than $10 million of commercial assets in its lending portfolio.
Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. Portico is built on a service-oriented, open architecture framework, which enables credit unions to integrate solutions from Fiserv and other vendors with greater ease and speed.
In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at TheSpeedofLife.com.