Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that Dakota Plains Credit Union, based in Edgeley, North Dakota, has selected an integrated technology suite from Fiserv. The suite includes XP2® for core account processing as well as solutions for online and mobile banking, electronic payments, statements, and card processing. Dakota Plains will move from their existing providers to the new solutions in order to provide a more robust and seamless experience that meets the needs of members.
The commercial lending capabilities of XP2, overall functionality, member service support and leadership from Fiserv were cited by the credit union’s leaders as key benefits of the selection.
Michael Reisnour, president and CEO of Dakota Plains, commented:
Our members live and work in thriving farm communities, and our credit union has strong demand for commercial and agricultural loans. We needed a new integrated core technology suite to service these loans with high efficiency.
The integrated suite greatly expands our service capabilities, and outsourcing these products enables us to focus more of our attention on new products and services to satisfy our members.”
The partnership with Fiserv empowers Dakota Plains to outsource the management of mission-critical technology to Fiserv to enhance efficiency and reduce cost. This will enable Dakota Plains to focus internal resources on driving loan growth through XP2-enhanced functionality for commercial lending.
Santo Cannone, chief product officer, Credit Union Solutions, Fiserv, said:
Growing credit unions drive the development of communities, and Fiserv is committed to providing the innovative technology that enables their success.
The integrated XP2 suite will help increase Dakota Plains’ efficiency and allow them to deliver a portfolio of products and services that reflect the way people live and work today.”