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Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent

5/22/2025

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PictureRandy Stolp
​Synergent® is proud to share that Midcoast Federal Credit Union has renewed its technology service agreements, reaffirming a shared commitment to strong, community-focused financial services. The renewal includes a 10-year agreement for hosted Jack Henry™ Symitar® core processing, along with five-year agreements for integrated debit and credit card services, mobile deposit capture, check processing, and statement processing.
 
“Working with Synergent has always felt like a natural fit for our credit union,” said Joe Gervais, President and CEO of Midcoast Federal Credit Union. “Renewing our partnership is a strategic choice that aligns with our mission to serve our members and community. Over the years, Synergent has remained focused on what truly matters—supporting our values of putting members first, staying rooted in our communities, and delivering innovative solutions that meet the evolving needs of our membership.”
 
This partnership renewal ensures that Midcoast Federal Credit Union can continue offering innovative, dependable tools that meet the evolving needs of its members and positively impact communities across Maine.
 
“Our relationship with Midcoast Federal Credit Union is built on trust, collaboration, and a shared commitment to community,” said Randy Stolp, President of Synergent. “We’re proud to continue this strong partnership and to support their mission with technology solutions that help them serve their members and local communities with excellence.”
 
Midcoast Federal Credit Union, headquartered in Freeport, Maine, has over 15,800 members and holds more than $260 million in assets. Its field of membership includes individuals who live, work, worship, or attend school in Waldo, Knox, Lincoln, Sagadahoc, and Cumberland counties, as well as the town of Durham in Androscoggin County.

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