Farmington Hills, MI – August 20, 2015 – Member Driven Technologies (MDT) is proud to announce the conversions of Altana Federal Credit Union in Billings, MT, and Encompass Credit Union in Tipton, IN. These two credit unions converted their core processing to Symitar Episys via the Member Driven Technologies (MDT) credit union-owned service organization (CUSO) solution on July 1, 2015.
Rhonda Diefenderfer, CEO of Altana FCU had this to say, “Core processor conversions are never easy, they’re always stressful. We believe that MDT and Symitar truly had our best interest in mind. This was as much their conversion as it was ours. All of us were able to clearly see the rewards of months of preparation pay off through the success of our conversion. Our thanks to all parties involved.”
Altana Federal Credit Union ( www.altanafcu.org ) was started in 1949 in an empty railcar in Laurel, Montana. Refinery workers joined together to create the credit union as a safeguard against the high cost of banking services. Now headquartered in Billings, Altana has grown to offer seven locations, a wide range of products and services and a nationwide free ATM network. Altana FCU currently has over 18,400 members with $216 Million in assets. Rhonda Diefenderfer serves as their CEO.
Encompass Credit Union ( www.encompasscu.org ), with three offices in Tipton, Elwood and Frankfort, Indiana, was established in 1953 as Steel Parts Federal Credit Union. In 2001, they merged with Nickel Plate Industrial Credit Union and in 2009, they changed their name to Encompass Credit Union. Today, they have over 15,700 members and $168 Million in assets. Matt Lambert serves as their CEO.
Member Driven Technologies ( www.mdtmi.com ) Member Driven Technologies is a Credit Union Service Organization (CUSO) with a unique, hybrid business model that that gives credit unions the ability to create the best experience possible for their members. MDT hosts and deploys the industry-leading Symitar Episys core-processing platform, as well as offering dozens of other best-of-breed products and services that allow credit unions to round out their service offerings and compete with other financial institutions, no matter their size. We focus on the technology so credit unions can focus on serving their members. MDT currently serves 153 clients in 28 states; performing the processing for over 1.8 million members, with combined assets of $17.9 billion. Larry Nichols serves as President/CEO.