November 5, 2020 – FOR IMMEDIATE RELEASE
LINO LAKES, MN – Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces a strategic partnership with Eltropy, “The Best* text messaging-based platform for Credit Unions.” The partnership aims to help Credit Unions better reach and support members through Text Messaging.
“Sharetec is always on the lookout for standout products that will help our Credit Unions support their members,” said Greg McEachern, Treasurer at Sharetec. “Finding Eltropy has allowed us the opportunity to offer a secure and compliant way for Credit Unions to reach their members through Text Messaging. This multi-faceted product can be used to market to new members, process loan applications, assist in the collections process and much more. We couldn’t be more excited to begin this partnership with Eltropy.”
“Our strategic partnerships, like this one with Sharetec, are important to Eltropy as we constantly strive to help Credit Unions best communicate with and serve their members,” stated Ashish Garg, Co-founder and CEO of Eltropy. “Eltropy shares many of the same values with Sharetec, including the commitment to create products that meet the needs of the entire ecosystem of Credit Unions, regardless of size. As we continue to increase our footprint in the industry, we look forward to working with Sharetec to achieve our scaling goals.”
With Covid-19 still playing a major role in the daily processes and communication for Credit Unions, the partnership is a timely response in order to boost member experience. Text Messaging is the best way to stay engaged with members as well as maintain productivity in the pandemic era.
Both companies’ agility and commitment to Credit Unions make this a strong partnership that goes beyond reselling to significantly enhance member engagement.
Eltropy enables Credit Unions to communicate with members over Text Messaging in a secure and TCPAcompliant way. Using Eltropy’s platform, Lending, Collections, Sales, Marketing, Service, Risk Management, Internal Communications and other teams at Credit Unions leverage Text Messaging to boost member engagement and enhance the member experience.
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.
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