We know the scene by heart. “Core meltdown is imminent. Core meltdown commencing in 10, 9, 8, 7, …” Scientists run around frantically while computer lights are flashing and alarms are wailing. However absurd, movie makers keep producing this scenario and we keep buying it. It’s as though something deep within us knows that the technology we depend upon is destined to fail.
Only in real life, there is no kill switch to stop the countdown.
As CU's, we are taught to plan for the worst, and we are particularly concerned about the core. Where credit union core systems are concerned, those fears may be justified. Some credit union core processors systematically plan the demise of their core offerings in order to keep you buying new products. From the moment you install one of these systems, you perceive the countdown sequence ticking deep down inside of the core.