Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry to provide a private cloud alternative for core processing and IT needs, announced “that Great NorthWest FCU, Sentry Credit Union, Georgetown Kraft Credit Union, Peoples Federal Credit Union and Strait View Credit Union have partnered with them.”
Stevens Point, Wisc.-based Sentry Credit Union has “selected MDT to host its core platform and also plans to leverage Jack Henry’s Banno Digital Banking Platform.”
The credit union expects “that working with MDT will enable them to better serve their niche member base, Sentry Insurance Associates and their families, and to become more well-known nationally.”
Tim Barthel, president of Sentry Credit Union, added:
“MDT offers the best of both worlds; they not only host a robust core platform but also take a tailored, personalized approach to service. We’re a small but mighty credit union that has one physical location but members in 48 states. With MDT, we will gain notable efficiencies, allowing our team to focus on how to best serve our members across the nation.”
Georgetown, South Carolina-based Georgetown Kraft Credit Union was “looking for a core banking provider that could position them well for growth in the months and years to come and help attract new members.”
Through their partnership with MDT, they plan to also “leverage the Banno Digital Banking Platform.”
Kevin Owens, president and CEO of Georgetown Kraft Credit Union, explained:
“MDT will help us remove silos, streamlining internal processes and providing a more consistent, seamless employee experience. Plus, we look forward to benefitting from access to MDT’s deep expertise and knowledge around pressing topics such as cybersecurity. Our staff couldn’t be more excited about the new partnership.”
After meeting MDT leadership, clients and technology partners at this year’s MDT’s E3 Conference, Aberdeen, Wash.-based Great NorthWest FCU decided “to select MDT.”
By teaming up with the CUSO, they’ll be able “to better serve minority populations in their community.”
Alex Carlston, Chief Innovation Officer at Great NorthWest FCU, added:
“Many of MDT’s credit union clients told us that MDT is like family, which really stood out to us. Through our partnership, we expect to benefit from MDT’s comprehensive ecosystem of fintech products and solutions. We’ll be able to consolidate vendors, resulting in reduced complexities, tighter integrations and better relationships.”
Larry Nichols, CEO and President of MDT, said:
“Credit unions are increasingly recognizing the power of partnerships to help them operate more efficiently, innovative more quickly and ultimately better serve their members. We’re excited to welcome these credit unions into our family, taking the burden of IT maintenance so they can focus on more strategic initiatives. We look forward to serving as a trusted advisor to these strong institutions, helping them invest in the technology and strategies necessary to position them for success.”
As noted in the update ,Member Driven Technologies (MDT) provides a private cloud alternative for core processing and IT needs.
The CUSO hosts the Symitar core processing system “from Jack Henry, as well as dozens of seamlessly integrated solutions and supporting services to help run the entire institution, such as digital banking, payments, lending, cybersecurity and imaging.”
Rounding out its comprehensive suite, MDT also “offers business continuity, disaster recovery and regulatory solutions as well as consulting, data analytics, email hosting and hardware purchasing services.”
By partnering with MDT, credit unions across the country “are boosting efficiencies, enhancing security and reducing costs while maintaining a high level of control.”