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Maine Credit Unions’ Campaign for Ending Hunger is pleased to announce that its month-long $100,000 Challenge raised over $227,000 to support Good Shepherd Food Bank’s COVID-19 response and community food pantries across the state. The Challenge began on June 4 with a $100,000 pledge from Synergent, the Maine Credit Union League’s service subsidiary. The goal… Read more »
Lisbon Community CU Signs New Service Agreements with Synergent
Synergent is pleased to announce that Lisbon Community Federal Credit Union has signed a new ten-year outsourcing agreement with Synergent to provide the Symitar® Episys® core platform. They also have signed an agreement with Synergent for Access Softek Digital Banking and statement processing. “The financial services industry is changing at a rapid pace,” said George… Read more »
Synergent Sponsorship Provides $100,000 to Ending Hunger Challenge
Synergent is committed to making a difference. Not only is this accomplished through the services and support we provide to our credit union partners, but we also accomplish this through social responsibility efforts that make an impact in our community. We are a proud managed services provider to credit unions across the country, but hunger… Read more »
A Message from President/CEO Todd Mason – Addressing Social Inequity
The events that have transpired over the past week leave an eddy of emotions in their wake. Disappointment. Anger. Sadness. As these emotions swirl, the question that keeps coming to my mind is what we can do to help stop such events from happening another time? “Concern for Community,” the seventh of the Seven Cooperative… Read more »
How Financial Institutions Can Help America Heal – An Editorial from NCUA Chairman Hood
(From Wall Street Journal) – When I was growing up in North Carolina, my father sat me down for “the talk” about how to behave should I ever find myself in an encounter with a police officer. He wanted me to understand the risks I could face as an African-American should such an encounter go the… Read more »
Maine State Credit Union Renews Agreement with Synergent for Symitar Episys Core Processing
Synergent is pleased to announce that Maine State Credit Union has signed a new ten-year outsourcing agreement with Synergent to provide the Symitar® Episys® core platform. “Maine State Credit Union values our partnership with Synergent,” said Tucker Cole, President & CEO at Maine State Credit Union. “The expertise and assistance they provide allows our credit… Read more »
Fraud Alert: COVID-19 State Unemployment Insurance Programs
In an effort to keep your credit union apprised of the latest security threats, Synergent wants to alert you about a new fraud scheme that could divert hundreds of millions of dollars intended for the unemployed into the hands of a well-organized Nigerian fraud ring. According to the U.S. Secret Service, this scheme is primarily… Read more »
COVID-19: Emerging Trends in Consumer Spending
The coronavirus pandemic continues to have a significant impact on consumer spending behavior and some noteworthy trends are emerging. Not surprisingly, March spending weakness continued into April, with the decline from March to April lower than the decline observed from February to March. Analysis shows that year-over-year consumer spending decelerated from -17.4% in March, to… Read more »
Contactless Cards Reduce Payment Terminal Touchpoints
When an essential trip to the store is necessary, consumers want a touch-free shopping experience. Actually, they need a touch-free shopping experience, specifically at the payment terminal. Contactless cards can provide this with their tap and go functionality. As consumers look for new ways to conduct transactions without touching common surfaces, interest in contactless payments… Read more »
Getting Creative with Interactive Digital Publications
At a time when many credit union lobbies are closed, it never has been more important to connect with members through personal communication. Using innovative digital tools, your credit union can provide a digital and interactive experience to its members, even from a distance. Get their attention by sharing valuable, timely content within modern interactive… Read more »
