Denver Community Credit Union, a $252 million institution, has purchased ownership in Credit Union Data Processing (CUDP), a CUSO core software provider. DCCU will be converting to the CUProdigy core system in 2014. The announcement comes on the heels of CUDP’s impressive rewrite of the CUProdigy core software platform. The platform’s new, modern architecture will provide owner credit unions and their members with comprehensive, industry leading products.
According to Carla Hedrick, CEO of Denver Community Credit Union, CUProdigy’s association with a CUSO made the platform an attractive option. “The opportunity to collaborate with other credit unions in the ownership and enhancement of a core system was a key factor in our decision,” said Hedrick.
CUDP has expressed a similar sense of excitement surrounding the newly formed relationship. “Credit unions and CUSOs are all about collaboration,” said Craig Peterson, Director of Sales and Marketing for CUProdigy. “We wholeheartedly welcome Denver Community Credit Union into the CUDP CUSO and look forward to working together to improve our individual organizations.”
Credit Union Data Processing (CUDP) is a credit union core software CUSO formed in 1991. CUDP’s core product, CUProdigy, is made up of the very latest in browser-based technology. With its modern architecture and full feature list, CUProdigy is changing the way credit unions operate while redefining the core software industry.
About Denver Community Credit Union:
Since 1934, Denver Community Credit Union has been making a difference in members’ lives by facilitating financial opportunity. Originally started by ten Denver city employees, the credit union has since grown to serve over 20,000 members in Denver, Adams, and Arapahoe Counties. Denver Community Credit Union continues to grow as it combines the service of a local community credit union with the convenient features of a large institution.
For more information see cudp.com or denvercommunity.coop.
Change is good. Change is exciting and optimistic, but change can also be worrisome, stressful, and disconcerting to say the least. A client of ours recently experienced the range of emotions that comes with any change as they converted to our CUProdigy Core Processing System.
Idaho State University Credit Union, which possesses about $130 million in assets, made the transition to our core software earlier this month. In addition to converting to a new core, ISUCU simultaneously merged the members and assets of Pocatello Teacher’s Credit Union as well. Though this was a daunting task for everyone involved, this undertaking was successful due to excellent cooperation and teamwork from the staff at Idaho State University CU and the CUDP conversion team.
Idaho State University Credit Union CEO, Robert Taylor, praised the recent conversion: “Good job and thanks to everyone for their diligence in helping our members this week during the conversion. If this was your first core system conversion, you may not fully appreciate just how well this conversion went. …this was by far the easiest conversion I have ever experienced…my hat’s off to CUDP for how quickly they responded to unforeseen errors that were fixed immediately.”
As a leading provider of credit union software and support, we are excited to add ISUCU and their entire staff to our CUSO. It is our main goal to successfully bring new credit unions onto the CUProdigy System and watch as they offer improved member experience and increase their level of service. Across the board, change proved to be a good thing– this conversion was a total success!
-Craig Peterson, Director of Marketing, CUDP
CUProdigy is in the unique position to help Credit Unions ‘Advance Beyond’ by providing a core processing platform that puts the member experience first. CUProdigy empowers credit unions with a comprehensive solution that is both robust and scalable.