Core banking software modernisation in Oklahoma

Core banking software modernisation in Oklahoma

First Oklahoma Federal Credit Union, the oldest credit union in the state, has embarked on a major tech overhaul. It will implement Fiserv’s Portico core processing system and a suite of digital solutions.

“It is an exciting time for First Oklahoma and our members,” says Mark A. Colley, president of First Oklahoma FCU.

“We are broadening our role in the communities we serve, and have partnered with Fiserv to ensure we have the tools we need to support members.”

The software will be deployed on a hosted basis. In addition to the new core platform, the credit union will deploy Virtual Branch for online banking and bill pay, Mobiliti for mobile banking, Mobile Source Capture for mobile deposits, Loancierge for lending automation, and Wisdom for accounting and call report management.

Fiserv will also supply tools for statements, identity verification, web signatures and website hosting.

“All of the integrated digital and mobile solutions will be managed through the Portico core platform,” Fiserv states.