Latest news with #Symitar
Business Wire
3 days ago
- Business
- Business Wire
MDT and InvestiFi Partner, Enabling Credit Unions to Offer Modern Digital Investing Capabilities
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)-- MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced its partnership with InvestiFi, a digital investing provider that enables account holders to buy and sell stocks, ETFs and cryptocurrency directly from their checking accounts. This partnership enables MDT's credit union community to offer easy, intuitive investing tools to members from within their online banking journeys, creating stickier member relationships and driving growth. 'Through our partnership, we are equipping our credit union community with next-generation tools to grow, compete and deliver more value to their members," said Pete Major, VP of Fintech Solutions at MDT. Share InvestiFi eliminates the need to transfer funds to external parties to invest, enabling financial institutions to retain more assets while attracting new account holders. Through InvestiFi's exclusive funds flow and user-friendly interface, MDT's credit union clients can now seamlessly and securely embed investing into their existing online banking experience, providing members with the tools needed to navigate financial markets with confidence and ease. 'MDT has a proven track record of connecting credit unions with the innovative solutions they need to compete and thrive,' said Kian Sarreshteh, CEO and Founder at InvestiFi. 'With our leading Investing from Checking solution, MDT's impressive credit union network can now tap into new sources of non-interest income, helping accelerate deposit growth and elevate digital engagement in a meaningful way.' 'In today's battle for deposits and a leading digital presence, InvestiFi is enabling community institutions to not only retain deposits but attract new ones – and we are proud to support this critical mission,' said Pete Major, VP of Fintech Solutions at MDT. 'Through our partnership, we are equipping our credit union community with next-generation tools to grow, compete and deliver more value to their members. This partnership is another example of how we are helping credit unions navigate the increasingly complex fintech landscape.' About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information. About InvestiFi InvestiFi, Inc. is the only InvestTech Platform designed to allow for trading to and from deposit accounts, enabling credit unions and community banks to retain more assets and attract new account holders. Through its exclusive funds flow and user-friendly interface, InvestiFi empowers every credit union and community bank to provide their account holders with the ability to navigate the complexities of financial markets with ease from within their current online banking experience. At the heart of InvestiFi's mission is the goal of democratizing investing and supporting community financial institutions, ensuring that wealth-building opportunities are accessible to everyone.
Business Wire
13-05-2025
- Business
- Business Wire
MDT Named a Best Place to Work in Financial Technology for Sixth Consecutive Year
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)-- MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that it has been named one of the Best Places to Work in Financial Technology by Arizent and Best Companies Group for the sixth year in a row. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. MDT stood out because of its collaborative culture, dedication to employee development and commitment to ongoing innovation. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector,' said Penny Crosman, executive editor, technology at American Banker. 'This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent.' MDT empowers employees and fosters collaboration through a variety of employee-led committees, including ones focused on innovation, women in leadership, social justice and more. Employees also value the company's transparency, as leadership actively encourages feedback and fresh ideas to improve both workplace processes and team connection. Earlier this year, Chris Kowal became MDT's next CEO, leading the company into a new phase of growth with an elevated go-forward strategy. Since the CUSO was established 22 years ago, MDT has continued to evolve, now serving as a trusted partner to over 100 credit unions across the country, representing nearly two million members. "Over my past 16 years at MDT, I have watched our team build something truly unique. Through our team's unrelenting dedication to the credit union mission, we are helping clients nationwide remain institutions of choice for their members and more effectively compete,' said Chris Kowal, CEO and president of MDT. 'We are honored to again be recognized by Arizent and Best Companies Group as a Best Place to Work to Fintech, a testament to our ongoing commitment to fostering both personal and professional growth for our dynamic, talented team.' About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information.
Business Wire
06-05-2025
- Business
- Business Wire
Homeland Credit Union Goes Live with MDT to Enhance Efficiencies and the Member Experience
BUSINESS WIRE)-- MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that Homeland Credit Union has successfully launched a long term partnership with MDT. This shift enables the credit union to provide leading digital-first capabilities, create new efficiencies and more effectively leverage data. Homeland Credit Union has provided financial services to generations of families and communities across South Central Ohio since 1932. As the financial landscape evolves, the credit union was looking to replace its aging core system with a more modern, robust platform to streamline processes and deliver a broader range of digital-first solutions to meet members' everyday needs. MDT stood out because of its collaborative approach to digital initiatives, deep industry expertise and unwavering commitment to member service. 'To stay ahead in today's era of rapid innovation and growing competition, we knew we needed a more sophisticated platform that could meet our members where they are. MDT has been a trusted partner throughout this process, providing comprehensive training and resources to ensure the transition was as seamless as possible." said Shayne Poe, CEO of Homeland Credit Union. "With MDT, we are gaining more than a core system; we now have strong technical expertise and support we can rely on. Our members have always been our top priority, and MDT is empowering us to best support them now and into the future." MDT is hosting the Symitar® core platform for the credit union, enabling seamless integration with Jack Henry Digital (Banno) to deliver a modern, intuitive member experience. The partnership goes beyond the core, empowering the credit union with advanced tools for data insights and business intelligence, providing a strong foundation for scalable growth and ongoing innovation. "We are proud to partner with Homeland Credit Union, supporting their deep dedication to excellence in member service and helping them thrive in the fast-evolving digital landscape," said Gary Lee, Chief Client Officer at MDT. "With MDT, the credit union can provide a more modern, comprehensive member experience while also boosting operational efficiencies. By investing in technology and strategies for the future, Homeland is well positioned to compete, grow and remain the institution of choice for their members.' About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information.
Associated Press
15-04-2025
- Business
- Associated Press
Adventure Credit Union Launches MDT to Support Ongoing Growth
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Apr 15, 2025-- MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that Adventure Credit Union has successfully gone live on its core platform, helping to support continued growth and momentum following a successful merger with Astera Credit Union. Grand Rapids, Mich-based Adventure Credit Union merged with Astera Credit Union at the beginning of the year, successfully expanding its charter to serve the full state of Michigan. While evaluating the previously separate organizations' tech stacks, Adventure Credit Union recognized the value that Astera Credit Union gained from its long-standing partnership with MDT, solidifying MDT as the go-forward partner for core processing and other critical functions. With MDT, the newly merged credit union will be able to seamlessly provide exceptional, personalized support and guidance to a wider member base. The migration to MDT was quick and seamless with minimal downtime. This is a significant step toward the full operational merger of the two credit unions, which is set to be completed later this year. 'Coming together with Astera Credit Union is empowering us to strengthen our presence and better serve more communities across Michigan, and MDT's guidance and support has been invaluable during this process,' said Amanda Garabedian, President and CEO of Adventure Credit Union. 'By partnering with MDT, we will benefit from enhanced operational efficiencies as well as additional resources that will help our staff save time as we grow and customize. With this move, we will be able to strengthen member service and gain the flexibility to better and more quickly adapt, which makes all the difference in this competitive industry.' Amanda also joins MDT's board of directors as Adventure Credit Union now becomes an owner of the CUSO. She continued, 'I'm impressed by MDT's unwavering dedication to helping credit unions navigate complex financial technology ecosystems to ensure they remain institutions of choice for members. I look forward to supporting and furthering this critical mission in this position.' 'Adventure Credit Union is well-positioned to provide strong financial resources and guidance to more members than ever Michigan, and we are proud to support this charge,' said Chris Kowal, CEO and president at MDT. 'Our services and solutions provide the flexibility and efficiencies needed to seamlessly scale operations while offering intuitive, personalized experiences. We are also thrilled to welcome Amanda to our board of directors; her passion for the credit union movement, strategic insight and determination have already proven invaluable.' About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information. View source version on CONTACT: Media Contact Amber Bush [email protected] KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN INDUSTRY KEYWORD: CONSULTING DATA MANAGEMENT BANKING TECHNOLOGY PROFESSIONAL SERVICES SECURITY OTHER TECHNOLOGY SOFTWARE INTERNET FINTECH FINANCE SOURCE: Member Driven Technologies Copyright Business Wire 2025. PUB: 04/15/2025 08:07 AM/DISC: 04/15/2025 08:07 AM
Yahoo
15-04-2025
- Business
- Yahoo
Adventure Credit Union Launches MDT to Support Ongoing Growth
MDT helps execute merger, credit union CEO joins CUSO's board of directors FARMINGTON HILLS, Mich., April 15, 2025--(BUSINESS WIRE)--MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that Adventure Credit Union has successfully gone live on its core platform, helping to support continued growth and momentum following a successful merger with Astera Credit Union. Grand Rapids, Mich-based Adventure Credit Union merged with Astera Credit Union at the beginning of the year, successfully expanding its charter to serve the full state of Michigan. While evaluating the previously separate organizations' tech stacks, Adventure Credit Union recognized the value that Astera Credit Union gained from its long-standing partnership with MDT, solidifying MDT as the go-forward partner for core processing and other critical functions. With MDT, the newly merged credit union will be able to seamlessly provide exceptional, personalized support and guidance to a wider member base. The migration to MDT was quick and seamless with minimal downtime. This is a significant step toward the full operational merger of the two credit unions, which is set to be completed later this year. "Coming together with Astera Credit Union is empowering us to strengthen our presence and better serve more communities across Michigan, and MDT's guidance and support has been invaluable during this process," said Amanda Garabedian, President and CEO of Adventure Credit Union. "By partnering with MDT, we will benefit from enhanced operational efficiencies as well as additional resources that will help our staff save time as we grow and customize. With this move, we will be able to strengthen member service and gain the flexibility to better and more quickly adapt, which makes all the difference in this competitive industry." Amanda also joins MDT's board of directors as Adventure Credit Union now becomes an owner of the CUSO. She continued, "I'm impressed by MDT's unwavering dedication to helping credit unions navigate complex financial technology ecosystems to ensure they remain institutions of choice for members. I look forward to supporting and furthering this critical mission in this position." "Adventure Credit Union is well-positioned to provide strong financial resources and guidance to more members than ever Michigan, and we are proud to support this charge," said Chris Kowal, CEO and president at MDT. "Our services and solutions provide the flexibility and efficiencies needed to seamlessly scale operations while offering intuitive, personalized experiences. We are also thrilled to welcome Amanda to our board of directors; her passion for the credit union movement, strategic insight and determination have already proven invaluable." About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information. View source version on Contacts Media Contact Amber Bushamber@ Sign in to access your portfolio
