Fiserv announced financial technology solutions deal with the US-based Green Country Federal Credit Union to drive growth.
Besides moving to the Portico core account processing platform with digital and mobile banking technology solutions, Green Country Federal Credit Union, based in Sand Springs, Oklahoma, will add functionality for commercial lending.
Green Country is transferring its technology from several technology providers to Fiserv. It is the first U.S. credit union to integrate a commercial lending module into Portico.
“After 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.
Fiserv’s software-as-a-service (SaaS) suite for Green Country
# 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
# Technology solutions for commercial lending, card processing, statements, and web signatures
“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.
Established in 1970, Green Country has approximately $60 million in assets and more than 8,300 members. Green Country currently services more than $10 million of commercial assets in its lending portfolio.
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.
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