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Coastal Community Credit Union Selects Open Solutions' Relational Core Processing Suite; Canadian Product Version and Open, Relational Technologies Key Differentiators.

Publication: Business Wire
Publication Date: 17-JAN-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
GLASTONBURY, Conn. -- Open Solutions Inc. (NASDAQ: OPEN), a provider of integrated, enterprise-wide data processing technologies for banks and credit unions throughout the United States and Canada, today announced that British Columbia-based Coastal Community Credit Union has finalized a five-year licensing and maintenance agreement with the company for the Canadian version of its enterprise relational data processing platform, The Complete Credit Union Solution(R) and other complementary technologies to handle the credit unions' processing needs. Coastal Community Credit Union is the largest credit union based on Vancouver Island, BC, and one of the largest in Canada, with more than 80,000 members and more than CDN$1 billion in assets.

Coastal Community Credit Union was formed from the merger of three Vancouver Island credit unions that took effect in January 2005. "Technology plays a vital role in...

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