St. Joseph Credit Union Buys New Processing System: Jacksonville, Fla.-based FIS (NYSE: FIS) said that St. Joseph-based United Federal Credit Union had purchased FIS’ MISER core processing system, as well as FIS’ CRM solution, Connection. United Federal Credit Union serves more than 100,000 members across five states and 22 branches and has $1.2 billion in assets. The credit union selected MISER because of the system’s ability to scale in support of its growth strategy as well as the solution’s lending, collections and charge-off functionality, which will help the credit union maximize income on deposit accounts. Combined with the adoption of Connections, United Federal Credit Union is now positioned to immediately improve its core processing capabilities and prepare for future growth and technological advances. FIS’ MISER is a complete core processing system for credit unions that delivers increased efficiency, revenue and profitability through its integrated and scalable design. With MISER, credit unions can service both retail and commercial customers, increase the speed of member service requests and transaction processing and manage workflow by interfacing with documents, images and cross-selling opportunities. FIS serves more than 14,000 institutions in over 100 countries and employs 30,000 people, providing software, services and outsourcing of the technology that drives financial institutions. More at www.fisglobal.com.
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