Home > News > Newsletters > March 2018 > Two Ontario-based credit unions join Celeros DNA banking family

Two Ontario-based credit unions join Celero’s DNA banking family

Celero’s DNA banking family has gotten bigger with the recent announcements that Motor City Community Credit Union (MCCCU) and Kawartha Credit Union are joining 84 other credit unions that use Celero’s hosted DNA account processing platform to serve their members.

Both credit unions were looking to move to a modern banking platform with open architecture that could meet their needs now, and well into the future. The award-winning DNA platform from Fiserv fit the bill.

“We were looking for a core banking platform and technology partners that could help us deliver on our promise to our members and provide compelling products and services that meet their ever-increasing expectations,” said Charles Janisse, chief executive officer, MCCCU. “DNA is a secure and reliable platform for credit union innovation, and we are confident that working with Fiserv and Celero will enable us to reinvent our member experience and streamline our internal processes.”

With three branches and a commercial lending centre, MCCCU serves 14,000 members in the communities of Windsor and Essex County, Ontario. The credit union plans to go live in DNA in June of this year.

Kawartha Credit Union, which serves more than 50,000 members with online, mobile, and telephone access and a network of 25 branches in central to Eastern Ontario, made the decision to move to DNA and Celero to help deliver on their core value of service excellence.

“In the competitive financial services environment in which we operate, advanced systems are essential in providing the best needs-based service possible,” said Rob Wellstood, chief executive officer, Kawartha Credit Union. “The technology provided by Fiserv and Celero will enable Kawartha Credit Union to deliver an enhanced banking experience for our members.”

A key factor in choosing the DNA platform is its ability to provide a 360-degree view of member relationships, enabling both MCCCU and Kawartha to deliver highly personalized service and more relevant product offerings.

“We look forward to helping both Motor City and Kawartha to deliver on their vision to offer compelling and innovative member experiences,” said Simon Vincent, executive vice president, Banking and Omnichannel Solutions and Services for Celero. “Adding Ontario credit unions to the Celero family is exciting. It demonstrates that our unique role of being a true Canadian credit union system technology integrator is resonating beyond our traditional Prairie borders and, along with our partner Fiserv, positioning DNA as the pre-eminent solution for Canadian credit unions.”

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