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Coast Capital Savings Credit Union selects T24 Model Bank to replace its core systems.

Publication: M2 Presswire
Publication Date: 03-APR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-3 April 2009-Temenos: Coast Capital Savings Credit Union selects T24 Model Bank to replace its core systems(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:03042009

GENEVA, Switzerland -- Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Coast Capital Savings, the second largest credit union in Canada, has selected TEMENOS T24 (T24) as its new core banking system.

Coast Capital Savings will implement T24 to support its retail, commercial and small business banking operations in all 51 branches across its service region, servicing approximately 1.8 million accounts and more than 400,000 customers. T24 will enable the credit union to improve its retail and commercial banking product suites, enhance customer service and consolidate its multi-application environment for increased operational efficiency. The credit union selected T24 Model Bank for Canada to replace four core systems.

"Coast Capital is committed to providing our customers with the best in simple financial help," says Coast Capital Savings Chief Operating Officer, Joel Rosenberg. "We are a growing organization that has 51 branches covering a large geographical area....

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