Company News

SnoCope CU VP of Lending Wins 2023 CUDE Scholarship from Prodigy
 April 2023
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​Datava and Prodigy join forces to streamline the 5300 CALL Report process for Credit Unions
 February 2023

Dustin Rohde, vice president of lending at $83.6 million SnoCope Credit Union in Everett, Wash., is the latest winner of a scholarship from Prodigy, the leading core processing and private cloud Credit Union Service Organization, to attend the 2023 CU Development Educators program in Madison, Wis.
The National Credit Union Foundation runs the program, which aims to build awareness of the development issues that prevent people from achieving financial freedom—and how credit unions are uniquely positioned to address them.
“Getting this scholarship is a fantastic chance that will allow me to pursue the education and skills I desire,” Rohde said. “I love learning and everyone who has participated in this program has raved about it. Through this training, I intend to learn how to positively impact my members’ financial situation. Financial literacy has always been important, and our members look to us to be the experts. I am certain that this program will provide me with the skills that I need to better educate and serve my members.”
“We understand how important enhancing credit union leaders’ education is,” Prodigy CEO Amber Harsin said, and that shouldn’t be stunted because their credit union lacks the resources – in fact, that makes it more important! We’re very excited for Dustin, because we know he’ll take full advantage of this opportunity and bring it back with him to SnoCope.”
Prodigy’s third and final scholarship planned for the year to attend Western CUNA Management School will be open for applications later in 2023. The company sent Tina Wickes, vice president of lending of the $68.5 million Columbine Federal Credit Union, to CUNA’s Governmental Affairs Conference, Feb. 26 – March 2, in Washington, D.C.
“We all need education to mature and develop,” Rohde reflected, “but not everyone has access to it. The educational opportunities Prodigy provides are a huge asset to both their partner credit unions and the credit union movement as a whole. This genuinely supports the CU philosophy of ‘people helping people!’”
Harsin explained, “We operate according to the eight cooperative principles, the fifth of which is education, training and information. We expanded our scholarship program this year to ensure credit union executives have the opportunities they need to succeed – regardless of the size of their credit union or its budget – and benefit the entire credit union movement.”
More than 2,500 people from dozens of countries have graduated from the U.S. CUDE program since its launch in 1982. The DE experience includes learning on The Credit Union Difference: Understand how to communicate and leverage credit unions’ unique business model and cooperative principles; Empathy & emotional intelligence in banking: Create a competitive advantage in a disrupted market; and Development issues: Identify and solve challenges preventing the financial health of your employees, members and communities.

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Datava, a leading platform for member relationship management and business intelligence tools, and CU Prodigy, a modern and comprehensive core and cloud CUSO, are pleased to announce they have entered into another exciting strategic collaboration to launch the 5300 Consolidated Report of Condition and Income (CALL) Reporting Module. The new module will allow credit unions to automate and streamline their required quarterly reporting process for regulators.  

These reports are time consuming, and many credit unions are still doing the work manually. The new module will significantly increase employee productivity, decrease human error, and free up time that could be focused on other essential tasks. This is a win-win for credit unions and regulatory authorities alike as the 5300 CALL report process becomes simplified, efficient, and automated. It will also provide a further invaluable benefit to credit unions by offering them a high-level overview of what’s happening within their organization.  

Datava and Prodigy will be unveiling the 5300 CALL Report Module at this year’s NACUSO Network Conference happening March 27-30th in Las Vegas.  
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“We are thrilled that this new partnership with Prodigy will be bringing tremendous benefits to credit unions nationwide,” Gordon Flammer, CEO of Datava, said. “We are currently collaborating really well with Prodigy on several other credit union focused projects, and this joint venture continues that trend.” 
 CU Prodigy CEO Amber Harsin stated, “Working with Datava has created value for credit unions on CU Prodigy’s platforms. This latest venture is an extension of that value and continues to prove that CUSO partnerships with credit unions create elegant solutions built by and for the credit union movement.”

​Columbine FCU's Wickes Earns CUProdigy Scholarship to CUNA GAC
January 2023

Tina Wickes, vice president of lending for $68.5 million Columbine Federal Credit Union, is super excited to join the throngs of credit union leaders heading to CUNA’s Governmental Affairs Conference, Feb. 26 – March 2, in Washington, D.C. Her participation was only made possibly through a scholarship from CU Prodigy, the leading cloud-based, open architecture core processor CUSO.
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​“I’m excited to finally be able to go and meet people in person for the first time,” Wickes, a 13-year credit union veteran, said. “I’d like a better understanding of how much the political landscape affects the credit union movement and our credit union. Small changes can have a huge impact on how we serve our members.”

CU Prodigy announced its scholarship program late last year that will send one credit union employee to GAC, Credit Union Development Educators Certification with the National Credit Union Foundation, and one year of Western CUNA Management School. The CUDE Scholarship opportunity opened for applications on Jan. 23, and WCMS will be open for applications later in 2023.

“We are not just another core processor – we live and breathe the credit union and CUSO philosophy,” CU Prodigy CEO Amber Harsin explained. “We operate according to the 8 cooperative principles, the fifth of which is education, training and information. We do all we can to ensure the prosperity of credit unions and their leaders, which is why we started this scholarship program. We’re so excited to see Tina at GAC this year!”
Smaller credit unions are resource strapped, so their leadership often has to miss out on crucial educational and networking opportunities. CU Prodigy believes keeping our up-and-coming leaders engaged and informed is critical to the future of the movement. This CUSO puts its money where its mouth is.
“I would not have been able to go without the scholarship from CU Prodigy,” Wickes said. “Credit union advocacy and education regarding compliance will continue to be important for all of us in the credit union movement. By attending this conference, I will be able to gain insight and exposure through the various breakout sessions and communicating with lawmakers about how our economy and politics impact credit unions across the country.”
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CU Prodigy and Datava Partner for Immediate, Actionable Insights for Credit Unions
October 2022

Highest Rated Core Processors for CU's Between $250-500m
September 2022

CU Prodigy and Datava announced a new strategic alliance to incorporate the two CUSOs’ best-in-class technologies that will modernize how their credit union clients access, analyze and act from their data during CU Prodigy’s Unite 2022 users conference.
Colorado-based Datava will incorporate its CRM and data analytics platform into CU Prodigy’s core offerings. Attendees of Unite got a first-hand glimpse into what will be possible for them to achieve through the partnership during the event, providing real-time feedback to map out credit unions’ objectives and identify the most useful elements of the platform.
“Nothing beats in-person, real-time brainstorming and solution building!” CU Prodigy CEO Amber Harsin said. “Our clients were very excited to experience the live introduction to Datava’s platform and how it could integrate with CU Prodigy’s core system for a seamless, efficient and comprehensive view of their membership. Our theme and aim for the event were to help our credit unions Level Up, and I think we were successful.”
“It was wonderful to be able to collaborate during CU Prodigy’s Unite 2022 user conference with so many cutting-edge leaders in the credit union industry. We are especially thrilled to continue evolving our partnership with CU Prodigy with this new strategic alliance.” Gordon Flammer, CEO of Datava shared “Together, working as a team, we can unlock the full potential of Datava’s Member Relationship Management (MRM) and Business Intelligence (BI) platform and CU Prodigy’s core system to continue to place credit unions on the best path for success and at the forefront in building, maintaining and expanding strong member relationships.”
 
Anchored in education, the CU Prodigy Unite 2022 agenda was rich with credit union success stories and knowledge exchange. Attendees were immersed in credit union stories that ran the gamut, from Lookout Credit Union’s journey toward building award-winning brands to the ups and downs of becoming a certified Community Development Financial Institution with Point West CU and Clarity CU to Lonestar CU’s repurposing of branches to meet the needs of its newly hybrid workforce and digital needs of members.
 
 
CU Prodigy also announced it would significantly increase its investment in scholarships to send credit union professionals to various educational opportunities, including CU Development Educator training by the National Credit Union Foundation, Western CUNA Management School and CUNA’s Governmental Affairs Conference in 2023. Prior to the announcement at the event, the CUSO already provides scholarships toward project hours and implementation fees for credit unions on its platform.
Harsin added, “We wanted to look at how as a network we could Level Up our focus and lean into the cooperative principles that we anchor in to serve our credit unions, partners and ultimately the communities served by the credit unions that leverage our technology.”
That lens guided every step of the planning for CU Prodigy’s Unite 2022, starting with our location at Wasatch Peaks Credit Union’s newly remodeled Education Center in Ogden, Utah. The modern core processing CUSO is deeply invested in contributing beyond technology to the health of the movement, guided by the cooperative principles of Education and Concern for Community.
“Investing in the current and future leadership of the credit union movement will help us bolster its survival, and we are proud to be able to help in any way we can,” Harsin concluded.
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Selecting a credit union core processor is one of the most important decisions any institution faces. The choice of a back-end technology system impacts a credit union’s entire operation, from its current ability to facilitate financial interactions to shaping its future trajectory.
To aid in this decision-making process, CUCollaborate has compiled a proprietary database (VendorFi) available to subscribers on all credit union core processor systems and their clients throughout the industry. VendorFI tracks which systems are the most-implemented by credit unions across different asset classes and collects reviews highlighting the strengths and weaknesses of each core.
In this article, we will examine mid-size credit unions and look specifically at which core processors are the highest rated according to CUCollaborate users within the $250–$500 million asset range.
(Note: for these rankings, a core processor must have at least five credit union clients within the asset class to qualify)
1) CUProdigy (Rating within asset range: 5.44/6)The CUProdigy core processor is one of the lesser-implemented systems across the credit union industry, with only 19 clients overall. The majority of these clients (six) fall within the $250–500 million size range and together they have rated the core best overall for the asset class. Overall, the core system serves credit unions ranging in size from as large as $541.4 million to as small as $7.2 million in assets.
Additional data:
The average assets of the six credit unions using the CUProdigy core processor within this size range is $334.4 million.
The average asset holding for all 19 credit unions using the core is $176.7 million, while the average membership of these institutions is 12,580.
Strengths:
The CUProdigy core processor was rated particularly well for its research and development capabilities, along with the availability of third party integrations and willingness to work with third parties.
2) Corelation Inc. - KeyStone (Rating within asset range: 4.94/6)The KeyStone core processor from Correlation has 79 clients across the credit union industry ranging from as large as $8.2 billion in assets to as low as $3.5 million, with essentially a quarter (20) of these belonging to the $250-500 million group.
Additional data:
The average assets of the 20 credit unions using the KeyStone core processor within this size range is $354.1 million.
The average asset holding for all 79 clients using the core is $710.5 million, and the average membership of these credit unions is 47,734.
Strengths:
The KeyStone core processor scored highly for its native application integration, the interoperability of third party integrations and willingness to work with third parties.
Purchase CUCollaborate's proprietary core processor data set for a complete vendor profile of every credit union in the industry.
3) Jack Henry™ – Symitar® (Rating within asset range: 4.85/6)The Symitar core processor serves by far the most credit unions within the $250–500 million range, with 96 of its 493 clients belonging to the asset class. Overall, the core serves institutions ranging from as large as $27 billion to as small as $3.3 million in assets.
Additional data:
The average assets of the 96 credit unions using the Symitar core processor within this asset class is $367.3 million.
The average asset holding for all 493 clients using the system is $1.3 billion, and the average membership of these credit unions is 76,798.
Strengths:
User reviews noted the availability and interoperability of third party integrations, as well as the willingness to work with third parties as overall positives of the Symitar core processor.
4) Fiserv - DataSafe (Rating within asset range: 4.83/6)The DataSafe core processor from Fiserv is used by 22 credit unions within the $250–500 million range and by a total of 149 across the entire industry. Altogether, these clients range from as large as $18.3 billion to as small as $2.2 million in assets.
Additional data:
The average assets of the 22 credit unions using the DataSafe core processor within this size range is $375.9 million.
The average asset size of all 149 credit unions using the core is $615.4 million; the average membership of these credit unions is 39,278.
Strengths:
The DataSafe core processor was rated slightly above-average by users for its disaster recovery and business continuity capabilities.
5) Fiserv - Portico (Rating within asset range: 4.53/6)Another Fiserv system, the Portico core processor, rounds out the top five within the asset class. The system is used by 27 clients in the $250–500 million range and 322 credit unions overall. The core's largest credit union client has $3.8 billion in assets, while the smallest has $611.1K.
Additional data:
The average asset holdings of the 27 credit unions using the Portico core processor within this size range is $321.8 million.
The average asset size of all 322 credit unions using the core is $131.3 million, and the average membership of these credit unions is 9,537.
Strengths:
The Portico core processor's architecture, reporting and information management, and support services were all noted by users as slightly above-average.

The Selection ProcessSelecting a new core data processor is one of the most important decisions facing a credit union. The right choice can bring major benefits, however it can also be complicated and time-consuming.
At CUCollaborate, we collect and provide both quantitative and qualitative data to help you through this process.
Contact us today to learn about our Core Data Processor Evaluation and Consulting Services, or click below to meet directly with our Managing Director and technology expert for an assessment for your credit union.

Harsin named CEO of Prodigy
 
​February 2020

CUProdigy's round up saves members $1.3 million
December 2018

The Prodigy Board of Directors announced today that Amber Harsin, EVP of Market Engagement,  has been named CEO, to replace Bret Weekes following his retirement to serve a mission for The Church of Jesus Christ of Latter-Day Saints... Read more

​“We collaborated with CUProdigy to create our debit card Round Up program because we are savers at heart and wanted to give our members an avenue toward being savers as well,” said Mary Light, Lewis Clark VP of IT...Read more

$10,000 per month: CUProdigy core savings for $178M CU
December 2018

"Their corporate values are in line with ours. I felt like they really understood credit unions, and we felt it was important to work with a tech provider that treats us the same way we treat our members" said Brant Hicks, CEO...Read more

NAFCU Services selects CUPRODIGY FOR PREFERRED PROGRAM FOR CORE
June 2018

We couldn't be more enthusiastic about this partnership, and are confident that CUProdigy will provide considerable benefit to our members," said Randy Salser, President of NAFCU Services Corporation... Read more

FOR $167M CREDIT UNION
THE PRODIGIES WERE KEY
May 2018

“Our current system just hasn’t kept pace with what’s available out in the marketplace,” said CEO Mark Summers. “The CUProdigy core is definitely an improvement over what we have now... Read more

$146M CREDIT UNION REMOVED MAJOR
​DR POINT OF FAILURE: PEOPLE
May 2018

Chaffey FCU moved from its legacy disaster recovery solution to CUProdigy’s cloud-based DRaaS solution.  “It was the easiest test I’ve ever done,” Menjivar said. “The whole thing was done in 15 minutes.” ... Read more

NACUSO RECOGNIZES EXCELLENCE IN COLLABORATION FOR 2018 
April 2018

"We had so many great nominees for awards this year that we added a runner-up to the CUSO of the Year category," said Jack Antonini, President/CEO of NACUSO... Read more

"We Were running on a Very Antiquated System"

April 2018

NIFCU was running ATMs and online banking in batches because of traditional module-based pricing. Rather than buy an expensive module, they got a modern core instead... Read more

"CUPRODIGY's pricing is insane," said CEO Nick Jensen...
March 2018

“Our current system is very cumbersome,” Jensen said, “plus we’re running it in-house. That means disaster recovery could present a major problem.”... Read more

GREAT MEADOW FCU CONVERTING
​CORE TO CUPRODIGY
October 2017

​"In addition to the money we’ll save with CUProdigy’s dollar-per-member pricing, we’ll also be able to eliminate..." Read more

$200MM Edwards FCU SIGNS for
​core conversion; SAVES $500K
October 2017

Saving more than $500,000 from Edwards FCU’s current contract, the CEO said he would envision his credit union... Read more

CUPRODIGY AND EDOCS
​ANNOUNCE PARTNERSHIP
August 2017

“We believe that CUSO-to-CUSO collaboration is the key to bringing greater value to credit unions,” said... Read more

SNOCOPE REPORTING $100K PER
​YEAR SAVINGS WITH CONVERSION
June 2017

"First, we’re going to be saving about $7,000 a month on our data processing bill,” Ellis said. “Plus, I’m going to..." Read more

BRIDGING THE GAP
BETWEEN DR & HA
March 2017

“When your RTO is that short, it really is more like having a High Availability solution than a DR solution.” said... Read more

NEW CORE INCREASES SERVICES
​WITHOUT INCREASED EXPENSES
February 2017

“If you just compare core to core, we’re going to be saving about $10,000 per year,” said Watson. "And..." Read more

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CUPRODIGY BEGINS MOVE OF
​IN-HOUSE CU'S TO THE CLOUD
June 2016

The move will free up $50,000 a year in staff time and outside assistance, according to Community Choice... Read more

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