RFL 0.00% 16.5¢ rubik financial limited

Banks and Credit Unions dont change core banking systems...

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  1. 379 Posts.
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    Banks and Credit Unions dont change core banking systems overnight, it usually takes about a year and a half of planning and then data migration. So signing up a Credit union, in this case I believe its MyState, is one thing, implementing it is another, Its unlikely you will see anyone else sign up quickly till they see how this one goes. The Credit Unions are followers, so when a few fall the rest will come. They all hate their existing supplier (Ultradata) but are terrified to leave it for uncertainty.Its a long road
 
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