Sovita Credit Union Partners with MDT to Enhance Member Experience
18 Julio 2024 - 7:07AM
Business Wire
Credit Union selects fintech for boosted
efficiencies, modern API-first strategy
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, today announced
that $515 million-asset Sovita Credit Union partnered with them to
host its core platform and deliver leading digital-first solutions,
ultimately providing new levels of convenience and robust
functionality to members.
Flint, Mich.-based Sovita Credit Union supports education and
healthcare workers and their families in communities across the
State of Michigan. The credit union was looking to replace its
current core system with a more modern, open platform to increase
efficiencies and offer an expanded range of self-service and
digital options to meet members where they are in their day-to-day
lives. MDT stood out because of its sophisticated API-based
connectivity, innovative technology and commitment to exceptional
service.
“Partnering with MDT will allow us to boost efficiencies while
also expanding the range of services we offer, making banking more
accessible and convenient for our members. This is especially
critical as our unique member base, healthcare workers and
educators, are known for their long workdays, making it difficult
to visit the branch during traditional operating hours,” said
Patrick White, CEO of Sovita Credit Union. “Providing members with
exceptional service and support for their unique needs remains our
top priority, and we are confident this partnership will directly
support that mission.”
Through the partnership, the credit union will leverage Jack
Henry’s Banno and additional digital-first products, providing
members with flexible, differentiated service experiences,
regardless of their location or schedule.
“Our work together underscores Sovita Credit Union’s dedication
to innovation and excellence in member service, helping them stay
ahead in today’s digital age,” said Larry Nichols, CEO and
president of MDT. “With MDT, the credit union will be able to
efficiently and seamlessly connect with fintech partners of choice,
providing a wider range of options for members and carving out a
strong competitive advantage. We are excited to support them on
this digital journey.”
About Member Driven Technologies
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. Visit mdtmi.com or follow
@memberdriven for more information.
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Amber Bush amber@williammills.com