Maintain Common Sense During Credit Union Core Processor Review

In 1946, American writer Gertrude Stein said, “Everybody gets so much information all day long that they lose their common sense.” One can only imagine Ms. Stein’s assessment of our day. We are buried under an ocean of information. The challenge, of course, isn’t obtaining information but separating it into something useful.

The task of reviewing a new core processing system can be overwhelming

In an article published in the Credit Union Times earlier this year, I shared my views on navigating today's information overload when making a decision on committing to a new credit union core technology.  In my nearly three decades of working with CUs, I’ve seen many executives turning to others for direction. Although it may feel safe to seek advice, it is also wise to question the veracity of the information received and the motives of those that are giving it.

I invite you to download this featured article, "Maintaining a Common Sense Approach" that appeared in Credit Union Times earlier this year.

Maintain and Integrated Approach

One piece of advice that is repeated by industry experts is renewing the focus on core integration, and how important that becomes when introducing new products, such as mobile apps and mobile lending to your members.  In another article published by Credit Union Magazine, "Building a Better Core," evaluating credit union core processors for a conversion is an effort well worth taking: