During the weekend of March 17, 2007, Alberta, Canada-based Chinook Credit Union became the first Celero® Solutions client to migrate to the eroWORKS® Retail Banking platform powered by Open Solutions Inc.’s® The Complete Credit Union Solution®. Open Solutions Inc. is a leading provider of integrated enabling technologies for financial service providers in the United States, North America and international markets. Celero Solutions is a licensed reseller of Open Solutions’ technology solutions under its private-labelled brand name eroWORKS Retail Banking System.
“The implementation of the eroWORKS Retail Banking System at Chinook Credit Union was the culmination of months of preparation by the dedicated teams from the credit union, Open Solutions and Celero,” said Dan Delaloye, CEO, Celero Solutions. “The migration process to the new core banking system was executed seamlessly thanks to the hard work, co-operation and dedication demonstrated by everyone involved in the project.”
Chinook Credit Union is a full-service financial institution serving more than 18,000 members in seven communities located southeast of Calgary, Alberta. Tom Mossing, Chinook Credit Union’s CEO, described the atmosphere during the migration weekend as one of excitement and anticipation.
“The migration was truly a team effort between Chinook Credit Union, Celero and Open Solutions,” said Mossing, adding that planning was key to the credit union’s smooth transition from its legacy system to the eroWORKS platform. “With the successful conversion complete, Chinook Credit Union is positioned to leverage the eroWORKS Retail Banking System to further build on our proud history of excellent customer service to our members.”
Blair Goulet, president of Open Solutions Canada, commended both Celero Solutions and Chinook Credit Union on achieving this very important milestone in a project that will see the eroWORKS Retail Banking platform rolled out to more than 120 credit unions in the Canadian provinces of Alberta, Saskatchewan and Manitoba. “The migration of Chinook Credit Union is a significant first step in a journey that in the coming months will transform the technology landscape in the Canadian credit union industry. Congratulations to Chinook Credit Union on its diligent work, unwavering focus and enthusiasm in its role as the pilot institution. Congratulations also to Celero on its leadership of this project and for demonstrating why it is a service and technology leader in the Canadian credit union system. Open Solutions is proud to have been a part of this implementation.”
Open Solutions Chairman and CEO, Louis Hernandez, Jr., said, “Congratulations to all those involved in the successful implementation at Chinook Credit Union. It was a team effort among Chinook, Open Solutions and Celero to roll out this relational banking suite and we look forward to continuing to support Celero Solutions’ initiative to offer the eroWORKS Retail Banking System to its clients. Open Solutions is committed to leading the move toward open, relational and flexible technologies in Canadian financial institutions and it is exciting to watch as our momentum grows across Canada. We are proud to have Celero as a key reseller of our technology in Canada and we value our relationship with this progressive, innovative organization and the credit unions it serves.”
About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle® relational database with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, Check 21, digital document, interactive voice response, network services, Web hosting and design, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial service providers in the United States and Canada to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions or its financial product lines, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions’ Internet site at http://www.opensolutions.com/.
About Celero Solutions
Celero® Solutions is committed to finding “fresh” approaches to information technology for the Canadian credit union system. Serving primarily its parent organizations and credit unions in Alberta, Saskatchewan and Manitoba, Celero has over 300 information technology professionals who offer expertise in technology solutions that advance and support the operations of over 200 clients. Celero Solutions was formed in 2003 by Credit Union Central of Alberta, Credit Union Central of Saskatchewan, Credit Union Central of Manitoba, CU Electronic Transaction Services (CUETS) and Concentra Financial, and has offices in Calgary, Regina, Saskatoon and Winnipeg.
About Chinook Credit Union
The Chinook Credit Union Ltd is a dynamic, full-service financial institution serving the communities located southeast of Calgary. It meets the banking needs of more than 18,000 members, employs more than 120 people, and provides the best of community support to the surrounding areas. It is secure and well capitalized to meet the challenges of the future including its commitment to provide exceptional service to its member-owners.