Event Detail

Wescom Resources Group Continues Growth in 2007

2/22/2008

Wescom Resources Group (WRG) experienced another year of strong growth in 2007, as continued demand for the company’s software products and services resulted in a 26% revenue increase. During the year, WRG signed on 17 additional clients and Bill Pay volume rose 28% to more than 4.3 million, two factors contributing to the double-digit growth.  The CUSO also completed its acquisition of Pennsylvania-based eCU Technologies, a relationship that nearly doubled WRG’s client base, bringing their year-end total to 215. 

Other significant achievements in 2007:
• WRG processed more than 3.25 million ATM deposit envelopes during 2007, a volume increase of 8%.
• WRG’s Secure Messaging product was honored with a Best Practices Award by the Credit Union Journal.
• WRG launched its Software Developer’s Kit (SDK) for MemberEdge clients, enabling them to build fully customized pages within their home banking system.

“Our new client relationships, coupled with our ongoing partnership with Symitar and our recent purchase of eCU Technologies, are the catalyst for our continued innovation and product development,” said Tim Dolan, president of WRG. “This translates directly into added value for clients and a cutting-edge member experience.”

About Wescom Resources Group
Backed by Wescom Credit Union, one of the nation’s largest credit unions, with nearly $3.7 billion in assets and serving more than 315,000 members, Wescom Resources Group provides credit unions with advanced technology solutions that increase their competitive edge. With over 215 credit union clients, WRG is a leader in innovative technologies for the credit union industry. Through its MemberEdgeTM suite, WRG offers an integrated online banking solution with electronic Bill Pay, UPost®, eAlerts, Multi-Factor Authentication, Member-Directed ACH, online account opening and more.  Other WRG products include Automated Lending, New Member Application, and CUNA Loanliner.  Our Services Division provides custom Repgen programming, system efficiency studies and consulting services.  We also offer the most robust Episys-based Service Bureau processing solution in the industry.  WRG provides credit unions with innovations that enhance their ability to serve members, reduce costs, and streamline internal operations.  For more information, visit www.wescomresources.com.