SAC Federal Credit Union (FCU), a Nebraska-based locally-owned credit union, has selected Fiserv’s DNA account processing platform, to increase business.

Developed using Microsoft .NET Framework, DNA is the first open, person-centric core banking platform that is built for collaboration.

The credit union will benefit from DNA’s 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, and from its all round view of retail and business relationships.

The flexible and member-centric design of the platform will also allow SAC FCU to attract new members and enhance relationships with existing 75,000 members.

SAC FCU CEO and president Gail L DeBoer said DNA will empower them to serve members with the latest technological innovations, setting the stage for their continued growth towards the $1bn asset mark.

"Our membership will benefit from real-time channel integration with DNA. Plus, we can more quickly offer meaningful financial service products and services to meet their needs and attract new members," DeBoer added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

The DNA platform also features DNAcreator development toolkit and DNAappstore, where DNAcreator can be used by SAC FCU to create DNAapps, while DNAappstore can be used to sell its DNAapps or purchase apps created by other financial institutions.

DeBoer said with DNAcreator, they will be able to develop their own core applications to streamline operations and create new products as DNA scales with their growth.