Consumers Credit Union Selects Acumen from
Advanced account processing platform to support growth goals of $550 million credit union
August 05, 2010 09:50 AM Eastern Daylight Time
BROOKFIELD, Wis.--(EON: Enhanced Online News)--Fiserv, Inc. (NASDAQ: FISV), the leading global
provider of financial services technology solutions, and the leading provider of business-driven technology solutions
for credit unions, announced today that Consumers Credit Union of Waukegan, Ill. has chosen to implement the
Acumen™ account processing solution from Fiserv, among other Fiserv products. The $550 million dollar institution
selected Acumen for its ability to support rapid growth and innovation as the credit union seeks to expand its
“Acumen is a next-generation solution that gives us the freedom to easily create and implement custom applications
to serve our members,” said Sean Rathjen, President and Chief Executive Officer for Consumers Credit Union.
“This flexibility supports our growth model as we implement strategies for member acquisition, and deliver services
to new and existing members.”
Consumers Credit Union required a scalable and flexible technology platform to grow its membership, which
currently stands at over 52,000. As a hardware-independent solution that is highly redundant, Acumen can
affordably scale to support the needs of the largest and most technology-savvy credit unions. Built on the latest
Internet-based technologies and a service-oriented architecture, Acumen supports custom application development
and deployment as well as rapid integration with third-party solutions.
Acumen will be implemented in-house at Consumers Credit Union, which also selected the Fiserv solutions
LynxGate®, for switch gateway processing, and Nautilus®, for enterprise content management.
“Lower total cost of ownership is especially important for progressive institutions like Consumers Credit Union, who
seek a competitive advantage through enterprise IT,” said Scott Butler, p