News

Members Credit Union chooses XP2 for account processing

March 16, 2012

Members Credit Union, a $232 million institution with more than 50,000 members, has selected the XP2 account processing solution from Fiserv Inc., according to an announcement from Fiserv.

The Winston-Salem, N.C.-based FI said the ability to integrate multiple products and services with XP2 was an important factor in its decision to choose Fiserv. XP2 features a Microsoft.NET Framework architecture that is open at every tier, as well as a member-centric design backed by an IBM DB2 relational database. XP2 features scalable technology and established interfaces for a broad range of enterprise solutions, and is available via service bureau, in-house delivery or facilities management.

"XP2 was simply technologically superior to other solutions we considered," said Jack Braswell, CEO of Members. "The way the system shows all member account relationships through a 360-degree view is just one example of how this modern account processing platform provides the technological support that can help us drive efficiency and improve member service."

"With its advanced technology and established integration for a broad range of our solutions for card services, online banking and more, XP2 demonstrates the Fiserv goal to deliver an enterprise-wide solution for financial institutions from a single technology provider," said Naseer Nasim, segment executive for XP2, Credit Union Solutions, Fiserv. "Fiserv provides Members Credit Union and other organizations like it with a total solution to support its business goals."

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