No doubt, you have had friends or neighbors talk about "cutting the cord." Fed up with the high cost of cable or satellite TV, and the poor customer service, coupled with the high quality of programs available via streaming services, people are making the switch. Talking to friends who have done this, you most likely have heard that the process of cutting the cord has not been easy. Getting out of TV service contracts, figuring out the maze of what streaming services are supported on what devices and which ones offer the programming their family needs. And not to mention the panic when they find out they have no way of watching the Super Bowl with their existing services! However, once it is all figured out, there is a freedom in having all the programs tailored to you, at a price that feels worth it, since you are only paying for what you want to watch. The process is similar to a credit union core conversion, albeit on a much different scale. The conversion process can last up to 2 years between the evaluation of different processors and the actual conversion. A core conversion is not a decision to be taken lightly, or prematurely. So, how does your credit union know when it’s time to switch? There are some telltale signs that indicate your CU might be overdue for a new system. If your CU is experiencing one or more of these issues, it’s time to cut the cord on your core data processor.
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