In today’s world, technology is a necessary part of managing a credit union. As a result, many credit unions have a server room or closet, which houses all of the technologies necessary to keep their institutions running. These in-house technology solutions are inefficient, expensive, and unwise. In addition to adding extra hassle and expense, they are also vulnerable to cyber and physical attack. Most credit unions don’t realize that a properly-priced and robust cloud offering should cost less than what it costs a credit union to replicate these capabilities internally.

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