Corelation Celebrates Five
Years Providing Revolutionary Technology
Resulting in Significant CU
SAN DIEGO — August 20, 2014 -After flipping the credit union
industry on its head with a revolutionary technology design and interface, hiring
industry all stars, and, as a result, garnering many significant credit union signings,
core processor Corelation celebrates five phenomenal years of business. It started
with a very private, intimate "Friends and Family" meeting in August 2009 when company founders
John Landis, Jeff Dent, and Theresa Benavidez displayed its KeyStone core
processing system for the first time. Since that introductory meeting, it’s
been a focused mission on enhancing its technology, hiring the industry’s
best, and continuing to sign credit unions looking for tomorrow’s solution.
Today, there are 13 credit unions live on KeyStone with a total of 26
Orion Federal Credit Union CEO Daniel Weickenand, for instance, explains
that while he was researching for 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."
Cabrillo Credit Union CTO Frankie Duenas explains, "With all that we offer,
it was important that Corelation balance the accommodation of our immediate
needs with the creation of a sustainable model for the future. That has been
Credit Union of New Jersey President/CEO Andrew L. Jaeger reports, "KeyStone
is a true member centric system that provides a 360-degree view of every
person. The data set available through integration with third parties is much
larger making the member experience better. And the robust commercial database
will provide performance speed and access to data that will improve our employee
"There is no need to purchase a platform that has old architecture in this day
and age. It would be like purchasing a 2014 Ford Fusion that has a crank start
motor and rumble seat," explains The Local Credit Union’s President/CEO Joseph
Hallman choosing Corelation’s KeyStone as his credit union’s new core
"We couldn’t be more excited about this partnership," states Desert Schools’
Executive Vice President, Ron Amstutz. "This team [Corelation] understands the
credit union industry, and the pain points of being tied to a rigid, inflexible
core system. KeyStone was built with today’s technology for easy integration
and flexibility in an ever-changing market."
According to Michigan First’s President/CEO Michael Poulos, KeyStone was the
fourth conversion of his credit union career and by far the best he has
experienced. "There was definitely a lot of talent on both sides of the ball,"
Poulos says. We planned for the worst and hoped for the best – and this
conversion resulted in a big success, as we are already experiencing the many
efficiencies of KeyStone just a few days in."
"We’ve come a long way since our introductory ’Friends and Family’ meeting five
years ago," Corelation President Theresa Benavidez says. “To see the reaction
from our clients since then has been truly inspiring. We look forward to many,
many more years of providing them with nothing but the best."
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.