Sharetec to Host 2015 Users Conference in Disney


Sharetec System announces they will be hosting their 2015 Annual Sharetec Users Conference on September 21st – 23rd at Disney’s BoardWalk Resort in Lake Buena Vista, FL.

“We have always enjoyed previous Sharetec conferences and are looking forward to this year’s taking place in Disney. There is always opportunity to network with our peers and gain valuable information with a great deal of educational resources,” comments Tammy Weickert, Vice President of Winnebago Community Credit Union.

To read more, visit us at


Timesaving Tools to Get the Job Done

Piggy Bank With An Hour Glass
When it comes to financial management tools, today’s Credit Unions require flexibility and ease of use, not to mention the ability to save valuable time. Thankfully, Sharetec offers comprehensive and streamlined accounting tools to assist Credit Unions with managing a wide range of financial tasks—from accounts payable, to asset liability management, to integrated general ledger—all while saving that much-needed time.

Sharetec also offers timesaving reporting tools including its handy 5300 Call Report Assistant. This tool is specifically designed to reduce your prep time and help you meet regulatory requirements for reporting investments and preparing quarterly 5300 call reports for the National Credit Union Administration (NCUA). The 5300 Call Report Assistant is extremely useful in that it streamlines data gathering and organization for your quarterly report by auto-uploading information each quarter from a variety of sources, such as Sharetec loans, shares, and general ledger. With the 5300 Call Report Assistant in place, your Credit Union can save as much as 80% of the time usually required to prepare the 5300 report. And the time you save can be spent servicing your members and improving your bottom line

Loan Decisions Simplified

Judicial Gavel And Piggy Bank
The loan decision process can be difficult for even the most astute of lenders, which is why Sharetec offers Automated Lending toassist Credit Unions with making such critical decisions. Sharetec’s Automated Lending tool—used in conjunction with Sharetec’s loan application—is considered by many to be the perfect tool for instituting and streamlining lending parameters and guidelines. The tool auto-generates loan approval or denial based on up to 11 pre-established and weighted criteria. As data relating to debt and income is recorded, factors including debt ratios and disposable income, are auto-calculated for the loan applicant and co-applicant.

Sharetec’s Risk Based Pricing module can be incorporated into the Automated Lending tool to further simplify the decision process. Credit Unions using this automated pricing module can adjust a borrower’s interest rate based on risk level, using their own custom-created risk pricing adjustments which are auto-applied based on loan type. The customized pricing adjustments can be based on a singular factor such as credit score, to several factors, such as debt ratios, employment history, and delinquency.

Quarterly Newsletter

Newspaper Rolled
Stay up to speed on the latest solutions to help your credit union succeed by checking out Bradford-Scott’s quarterly newsletter. Click here to see Volume 62.

* Increase Income
* Improve Processes
* Keep up with hot news at Sharetec
* Learn about new credit unions changing their core to Sharetec
* Upcoming Webinars 

So Much More! To see past issues and get caught up on Sharetec, the Core with an ROI, visit us at

Avert Disaster with Remote Backup

Highway Signpost Data Loss Prevention
Disasters can happen to the best of us, which is why preparedness and planning are essential. Thankfully, Sharetec has a system-saving feature that does just that, helping Credit Unions to prepare for the worst and avoid disaster.

With Remote Backup, your Credit Union can steer clear of a potential system calamity, and it’s all handled remotely on a nightly basis. The backup is put in place with your system so that all of the day’s data is duplicated remotely to Sharetec’s secure hosting facility. Your Credit Union will receive a daily confirmation that the backup has been successfully accomplished. And Sharetec doesn’t stop there. As part of their Disaster Recovery Program, Remote Backup testing is completed on a regular basis to ensure that it can be restored if necessary.

Credit Unions opting for Sharetec’s Remote Backup plan are certainly on the path to averting disaster while enjoying the safety and security of data loss prevention.

Sharetec Welcomes 13 Credit Unions in 2014


Many of Sharetec’s new customers are a result of credit unions changing their system to improve efficiency and growth opportunities. In addition to growing the customer base, Sharetec has been delivering, “Core conversions can be a challenge but the Sharetec team was instrumental for making our conversion such a success. We couldn’t have been better prepared than we were,” comments John Bergeson, President of  Harvester Financial Credit Union.

To read more, visit us at

Increase Income with Sharetec Business Accounts

Sharetec Business Accounts
provides credit unions with the ability to increase the services they offer to small business while at the same time create another fee income stream that can help the credit union grow.

With the Sharetec Business Account feature, the credit union can not only automate many manual tasks but make a strategic effort to grow this area of the credit union by setting up different plans for different types of business which includes features such as:

• Sweep Accounting

• Replenish

• Bonus Credit Plan

• Fees Charged

• Assess Fees

• MultiplePlans

Sharetec Business Accounts feature is an account type that credit unions can setup to generate income by increasing fees and driving out manual effort. For more information, contact us at

Service Plus Credit Union Selects Sharetec


Service Plus Credit Union located in Moline, IL, has selected Sharetec as their new core system. After considering our options for a new core system, we decided on Sharetec due to the ease and flow between the components of the system, the cutting edge of their technology, and the confidence we have in their service team,” comments Kevin Pieper, President of Service Plus Credit Union.

Matt Isger, Regional Director for Sharetec System remarks, “The credit union had a change in leadership, and Kevin Pieper, the new President, saw the struggles his team was having simply running the system. Kevin’s experience at previous financial institutions gave him insight to know what else was available for the credit union. To survive and grow, the credit union decided to automate and streamline.”

About Service Plus Credit Union

Founded in 1950, Service Plus Credit Union is located in Moline, IL.

About Sharetec System

Sharetec, a provider of both in-house and service bureau core solutions, has nearly 300 core credit unions and has grown 67% since the year 2000.

Auto Enrollment

Are you interested in lowering your Statement and Notice expenses?

Sharetec’s Auto-Enrollment is a powerful solution that will cut expenses for your credit union, making your examiners happier. Credit Unions that have turned this feature on have found their members not only immediately start using the service, they stick with it so the savings can be recognized month after month with a significant impact on the credit unions bottom line expenses.

Since switching to Sharetec’s Auto-Enrollment, Winnebago Community Credit Union has had a 500% growth and an annual savings of $14,500.

Sharetec’s Auto-Enrollment is a unique solution from Sharetec to our customers that can make a difference for your credit union and your members. Call us today for more information!


Pipefitters Steamfitters Credit Union Selects Sharetec System


Pipefitters Steamfitters Credit Union in St. Paul, MN has selected Sharetec System as their new core system.

Jennifer Davis, CEO of Pipefitters Steamfitters CU, comments, “We needed a powerful core system that could help us streamline our day-to-day tasks and offer us the most up-to-date products. Our members have a lot of options when it comes to their financial choices and it was critical for us to able to offer the services to keep our current members and to attract the younger demographics. We heard great things about Sharetec and after seeing it for ourselves; we knew it is the right solution for us.”

Pipefitters Steamfitters CU is not only implementing the core Sharetec System but will capture additional efficiencies internally with its staff by leveraging tools such as eDocuments, eReceipts and Imaging to move to a completely paper free environment to drive down costs and improve communication and records. As well they will be offering their members a suite of online tools including Mobile Banking, Home Banking and Remote Signatures to give them more self-service channels.

“The team at Pipefitters Steamfitters CU has been doing a fantastic job meeting its members needs but they have only been able to accomplish it through a significant amount of manual effort because its current system could not support them well,” said Keane Kulak, Regional Director for Bradford-Scott Data Corporation, an owner/distributor of the Sharetec System. “Making the change to Sharetec is going to not only alleviate those manual tasks but also equip them to better serve their members today and long into the future.”

About Pipefitters Steamfitters CU

Since 1957, Pipefitters Steamfitters CU has been serving members of U.A. Local No. 455 and their families. With just under $31 million in assets, Pipefitters Steamfitters CU serves over 3,200 members.

About Sharetec System

Sharetec, a provider of both in-house and service bureau core solutions, has nearly 300 core credit unions and has grown 67% since the year 2000.