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Corelation's Efficient and Contemporary Technology Attracts Orion Federal Credit Union

SAN DIEGO - December 22, 2011 - To lower its operations cost, improve member service, and reduce lead times on core changes, Orion Federal Credit Union ($535 million; 48,380 members; Memphis, TN) has signed with Corelation, Inc., the credit union industry's newest core processing vendor. Orion FCU will leverage Corelation's unique, person-centric KeyStone core processing system, converting to the new technology in August 2012.

"The current system we are on is antiquated and time-consuming in its processes, which is a major hindrance for competition," states Daniel Weickenand, CEO of Orion Federal Credit Union. "Conversely, we see Corelation benefiting both our credit union and our members with its efficiency, efficiency, and more efficiency."

Weickenand explains that while he was researching new core processors to consider, it was clear that some of the vendors were looking to enhance their systems in the direction Corelation had. Weickenand's response: "So why go with someone that is headed to a place versus just going with the company that is already there? Corelation is already there."

"Orion Federal Credit Union is the start of a whole new chapter for our company," says Corelation President, Theresa Benavidez. "We look forward to helping them 'modernize' their core technology, enhance their member services, and support them expeditiously with any of their evolving needs - which all helps in getting ahead of the competition."

About Corelation, Inc.
Based in San Diego, CA, Corelation is the innovative new core processor for today’s credit union. This solution is a member-centric system that empowers credit unions to offer the best member service possible, enhancing their value for member attraction and retention. In terms of industry experience, Corelation’s staff has dedicated their careers to creating core systems and providing unparalleled client service. For more information, visit www.corelationinc.com.



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