Growing Client Base Sharetec has expanded its presence among credit unions by securing new clients including Post Office Employees' Credit Union, Autotruckfcu, North Bay Credit Union, Regional Federal Credit Union, and Oshkosh Community Credit Union. This demonstrates a proven track record of attracting and onboarding credit unions of varying sizes, indicating opportunities to target similar institutions seeking modern core processing solutions.
Focus on Modernization Recent signings highlight a strategic emphasis on upgrading legacy systems with web-based, scalable solutions implemented to support growth and stability. Companies like Regional Federal Credit Union and Oshkosh Community CU are actively modernizing, presenting sales prospects for advanced digital tools, API integrations, and future-proof infrastructure.
Technology Integration Sharetec’s integrations, such as with SavvyMoney, enhance their platform’s capabilities and appeal to credit unions seeking comprehensive digital services, including credit score analytics and financial insights. This creates opportunities to upsell additional fintech integrations and digital member engagement tools to credit unions looking to enhance their digital offerings.
Industry Focus Specializing exclusively in credit unions, Sharetec’s targeted focus positions it favorably against broader banking technology providers. This niche focus enables tailored sales approaches, emphasizing their industry-specific solutions, competitive positioning, and deep understanding of credit union needs—ideal for forming long-term client relationships.
Revenue and Market Opportunity With a revenue range of 100 to 250 million dollars and a customer base exceeding 280 credit unions, Sharetec presents a sizable opportunity for upselling new digital banking features, continued system upgrades, and advanced support services. Their growing footprint indicates a strong market demand for simplified, cost-effective core banking technology solutions.