Corelation Continues to Expand with New Credit Union Signings in Second Quarter 2024

Corelation, Inc. continues its growth by securing partnerships with four credit unions (cumulative total of $3.6 billion in assets; 209,065 members) in the second quarter of 2024.

These prominent credit unions range in assets from $373 million to $1.7 billion and include Honor Credit Union, IAA Credit Union, State Employees Credit Union (of New Mexico), and White Sands Federal Credit Union. This significant milestone underscores Corelation's commitment to empowering credit unions with cutting-edge technology and personalized service, driving growth and success within the industry.

“We chose KeyStone as our core processor and partnered with Corelation due to their modern technology, forward-thinking mentality, and active community,” shared Calvin Weaver, Technology Manager of IAA Credit Union. “KeyStone’s advanced capabilities and unmatched seamless integration exceeded our expectations. Corelation’s outstanding track record, commitment to our unique needs, and dedication to innovation ensured a smooth partnership.” Positive testimonials and transparency throughout the evaluation process reinforced their confidence in Corelation as the perfect choice for IAA Credit Union’s core processing needs.

Alongside KeyStone's state-of-the-art technology and user-friendly features, White Sands Federal Credit Union also considered Corelation to be their ideal core processor.

“KeyStone stood out as the most advanced major core processor, providing a robust foundation for decades to come. Having a single Corelation representative demonstrate all of KeyStone's comprehensive capabilities instilled confidence in our team's ability to transition to the new system smoothly,” said Bill Stock, VP of Management Information Systems of White Sands Federal Credit Union. “Moreover, Corelation's generous license agreement and high praise from their customers reinforced our decision to partner with them.

Innovative technology continued to be a key factor in the selection process for other credit unions, alongside a strong emphasis on partnership and member focus.

"For Honor Credit Union, the focus is always on our members. We chose KeyStone as our core processor because it provides a simple, timely, and complete view of our members, enabling us to offer an enhanced level of service,” expressed Ed Freed, VP of IT of Honor Credit Union. “Additionally, KeyStone's secure and seamless integrations with digital banking and other solutions help us serve our members through leading-edge technology. Our decision to partner with Corelation was solidified by their top-level partnership mentality and their ability to work together with us to provide the best possible member experience. Corelation emerged as the clear #1 choice for our core provider of the future."

All 4 credit unions are scheduled to convert to KeyStone in 2025 and 2026.

“We are honored to welcome our newest credit union partners and are excited to provide our unwavering support as they embark on their KeyStone core journey,” said Corelation President Rob Landis. “Together, we look forward to achieving remarkable success and advancing the future of the credit union industry.”

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