Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

OMEGA Federal Credit Union selects MDT to host its core platform

Member Driven Technologies (MDT), a CUSO that hosts the Episys core platform from Symitar to provide a private cloud alternative for core processing and IT needs has announced that OMEGA Federal Credit Union has selected the firm to host its core platform for boosted efficiencies, enhanced member service.

OMEGA FCU was looking for a technology partner who would allow it to boost efficiencies, escalate growth and enhance the overall member experience. The CU found MDT as the best choice to meet these needs while providing high levels of service and support.

“When looking for a partner to host our core platform, we found that the corporate culture of MDT aligns perfectly with our own. MDT recognizes our members are the top priority, and the CUSO’s technology will enable us to scale and serve members with a flexibility that wasn’t previously possible. We are committed to delivering value to our members, employees and the community, and we are excited for MDT to positively contribute to these efforts,” said Troy L. Garvin, CEO of OMEGA FCU.

OMEGA FCU by leveraging the core platform hosted by MDT expects to be able to operate efficiently and effectively, spending less time on manual, tedious tasks and creating more bandwidth for strategic and member facing initiatives. The CU plans to go live on the platform next fall.

“We’re proud to partner with OMEGA FCU, a forward-looking credit union that is dedicated to improving internal processes that will translate into better, more meaningful interactions with members. By outsourcing with MDT, OMEGA FCU will be able to alleviate staff from cumbersome software and hardware maintenance, boosting efficiencies and employee productivity. We look forward to joining forces with OMEGA FCU, helping them compete and strengthen member relationships for many years to come,” said Larry Nichols, president and CEO of MDT.

Established since 2003, Member Driven Technologies is a Credit Union Service Organization (CUSO) that hosts the Episys core platform from Symitar to provide CUs with a private cloud alternative for core processing and IT needs.

Related IBS Intelligence Research

Related Posts


NAB to recruit bankers and advisers for high net wealth clients

National Australia Bank (NAB) announced that it will recruit 50 new bankers and advisers, as part of its new strategy to provide high net wealth clients with a single point of access for their financial needs, ranging from wealth creation, business growth to retirement needs and philanthropic investment. JBWere CEO and leader for NAB Private, […]

This post is only available to members.

Read More »

EQ launches new automated complaints management product

EQ has announced that it is launching a new automated complaints management product for the financial services industry, EQ Complaints Professional. The new solution is expected to enable firms to enforce their FCA compliance immediately as well as continually as regulation changes. Andrew Edler, MD of EQ Charter, commented, “We are delighted to bring this […]

This post is only available to members.

Read More »
bank, FinTech, neobank, smartbanks, challenger banks, Asia

Australia’s big 4 banks welcome the launch of open banking

The Competition and Consumer (Consumer Data Right) Rules went live on July 1, in Australia. This has been welcomed by the big 4 banks of the country – ANZ, Westpac, Commonwealth Bank and NAB where they will be sharing their customers’ data with third parties, when requested by the customer. Angus Sullivan, CBA’s Group Executive […]

This post is only available to members.

Read More »

Lendio facilitates $8 bn in PPP loans to 100,000 small businesses

Lendio, a leading marketplace for small business (SMB) loans, announced that the company has till now facilitated $8 B in Paycheck Protection Program (PPP) loans for 100,000 small businesses. The firm’s partnership with 300 SBA-approved financial institutions and FinTech leaders has helped the company to secure COVID-19 relief funds for several underserved segments of the […]

This post is only available to members.

Read More »