LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces that LM Federal Credit Union in Baltimore, Maryland is now live on Sharetec.
By converting to Sharetec, LM FCU is providing their staff with a more efficient and user-friendly system, with many of the manual tasks completed by the software. They’re also ensuring that members have cutting-edge home and mobile banking tools to leverage technology on their own, further improving their member experience.
Mark Bold, LM FCU President, said “Sharetec will significantly improve our efficiency by automating many of our current manual processes. We’re especially excited about the integration with our loan origination system that will streamline the lending and member enrollment processes, saving staff time and improving our member experience.”
Paul Stevens, Sharetec Vice President, said “We’re quite excited to welcome LM FCU to the Sharetec family and for them to recognize the increased efficiency that comes with our system. The credit union will be taking advantage of Sharetec products like Online Member Services, ACH Origination, Remote Deposit Capture and many more to help increase their offerings and grow their membership.”
Founded in 1942 by employees of the Glen L. Martin Aircraft Company, LM FCU has grown to over $45 million in assets and serves employees of the Lockheed Martin Aerospace Company, the Maryland Air National Guard and several other employer groups in Baltimore County.
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment, builds income streams and lowers operating expenses for over 250 credit unions. Since being established in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past three years.