Workers Credit Union

Workers Credit Union selects Finastra to power innovation and position for growth

Thursday, October 14, 2021 - 2:00pm

"Our unique commitment to serving our members as they work toward their financial goals has positioned us for unprecedented growth," said Doug Petersen, President & CEO, Workers Credit Union.

Key Points: 
  • "Our unique commitment to serving our members as they work toward their financial goals has positioned us for unprecedented growth," said Doug Petersen, President & CEO, Workers Credit Union.
  • With the Fusion Phoenix open core, Workers Credit Union will also experience increased speed to innovation and, by unlocking the power of data, will be able to proactively engage with members through personalized services.
  • Workers Credit Union recently adopted a national charter that enables it to serve a broader set of members wherever they live.
  • Workers Credit Union is a Community Development Financial Institution and Low-Income Designated Credit Union.

Workers Credit Union selects Finastra to power innovation and position for growth

Thursday, October 14, 2021 - 2:00pm

LAKE MARY, Fla., Oct. 14, 2021 /PRNewswire/ -- Finastra today announced that Workers Credit Union has selected Fusion Phoenix as its new core banking solution to grow its membership, future-proof its business and strengthen its position against competitors, including digital banks. In addition, it will use Fusion MortgageBot, Fusion ECM, Fusion Originate, Fusion Analytics, Fusion Treasury Essential and other Finastra solutions to bolster its offerings.

Key Points: 
  • "Our unique commitment to serving our members as they work toward their financial goals has positioned us for unprecedented growth," said Doug Petersen, President & CEO, Workers Credit Union.
  • With the Fusion Phoenix open core, Workers Credit Union will also experience increased speed to innovation and, by unlocking the power of data, will be able to proactively engage with members through personalized services.
  • Workers Credit Union recently adopted a national charter that enables it to serve a broader set of members wherever they live.
  • Workers Credit Union is a Community Development Financial Institution and Low-Income Designated Credit Union.

LoanStreet Inc. Upgrades Workers Credit Union Participation Program

Tuesday, December 18, 2018 - 1:38pm

NEW YORK, Dec. 18, 2018 /PRNewswire/ --LoanStreet Inc., the leading loan participation platform, welcomes Massachusetts-based Workers Credit Union to its network.

Key Points: 
  • NEW YORK, Dec. 18, 2018 /PRNewswire/ --LoanStreet Inc., the leading loan participation platform, welcomes Massachusetts-based Workers Credit Union to its network.
  • LoanStreet provides technology that offers significant cost savings to credit unions by automating manual processes and providing access to its nationwide network of loan buyers and sellers.
  • LoanStreet's deep network of credit unions quickly solved our needs," said Tim Smith, CFO at Workers.
  • "Manual processing of participation reports is a deadweight on the credit union industry," said Ian Lampl, CEO of LoanStreet.