Western Connecticut Signs Contract with Share One |
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We are happy to announce that Western Connecticut Federal Credit Union will be the second credit union to join the Share One family in 2021.
Sabrina Defazio, President/CEO at Western Connecticut, signed a contract to switch their current core to Share One's NewSolutions. They are scheduled to convert in May 2021. They selected an In-House delivery method.
Sabrina and her team will have access to the robust NewSolutions system and enjoy many new benefits that it will provide.
Western Connecticut FCU is located in Bethel, CT, in the southwest section of the state. Their field of membership includes a community charter that serves the greater Danbury area. Their asset size is $29M and they have 3,958 members.
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Advanz Renews Their Contract |
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Contract renewal is a reason to celebrate! Thank you, Advanz Credit Union, for continuing to place your trust in this partnership. We value your business! (Advanz was formerly Jefferson County FCU) |
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Advanz Federal Credit Union
Located in: Louisville, KY
Assets: $143 M Members: 10,666
President/CEO: Heather Walter
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Thank You for your Contract Renewal! |
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S1 Community Case Management
Roll Out - February 15, 2021
Introductory Webinar - January 27, 2021
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We are excited to announce the roll out of the S1 Community!
The S1 Community will be developed in stages as we continuously work to refine the system.
The first area in the S1 Community to be introduced will be an improved case management system. This system will serve you better and improve the way we track, monitor, and work your service cases.
An introductory Webinar is scheduled for: Wednesday, January 27, 2021 at 1:00PM Central time. All credit unions are encouraged to attend.
This webinar will be recorded and available on the Customer Portal.
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As part of the new S1 Community program, all credit unions will need to assign an S1 Community point of contact and supply any additional associated email addresses.
The email you provide can be a group email, but we need a single point of contact for that address (example: John Doe at ITgroup@creditunion.com could be utilized so multiple people can view the communication for the cases).
This person will be granted a license for viewing and monitoring cases in the Community.
Additional users can be added. There will be an annual fee of $72 per user for additional staff. This will not impact the credit union's ability to assign multiple contacts for follow-up on cases.
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The SSC will be officially retired on February, 5, 2021. You will no longer be able to submit or track cases via this submission process.
Don't worry, we will still have access to all of your previous cases! All of these details, and more, will be covered at the webinar, so be sure to register.
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Quality of Life Release
Ready for Lift Off!
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The count down is underway and we are very close to LIFT OFF on the very exciting NewSolutions release, version 21.1.
The Quality of Life Release will feature some great improvements. Listed here are just a few:
Multiple enhancements to the General Ledger platform, including additional print functions and budget calculation fixes.
Improvements to the Teller platform, particularly certain transaction behaviors and Shared Branch.
A raft of improvements and corrections to the Enterprise platform as part of the transition to its new appearance.
Stay tuned! NewSolutions 21.1 is coming soon!
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NewSolutions and NS3 Products Will Upgrade in Unison |
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To serve you better in 2021, we are introducing an easy to understand and convenient process to keep all Share One products up-to-date and running at peak performance.
This release process will begin with the Quality of Life release and will affect clients who utilize any of the following NS3 products in production: NSHome, NSJoin, NSLoan, and NSNotify,
Please click the button here to download and refer to this document for the details.
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NewSolutions and Required Minimum Distributions
Completed in NewSolutions version 20.2.3
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The SECURE Act changed the IRA required minimum distribution age from 70.5 to 72.
This age change is included in NewSolutions 20.2.3. Credit Unions will need version 20.2.3 to run the RMD report to include this change.
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Please Help - Share One Client Compliance Group |
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A Compliance Collaboration Group is Being Formed
Help is Needed To I.D. Changes Impacting Equifax and NewSolutions
Equifax is transforming their business model. Their legacy ACRO mainframe and peripheral applications will be moving to a cloud-native infrastructure.
These changes will affect Share One clients who use Equifax credit reports and will occur in May of 2021.
We need your help!!
We are creating a group which will meet via the Share One Microsoft Team's Collaboration tool.
We are seeking the expertise of NewSolutions/Equifax Users who are responsible for their Credit Unions' Compliance projects.
We know development changes will need to be implemented for the Equifax changes, but your expertise will be critical to identify how development will need to respond to system changes.
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Save the Date - SYNC 2021 |
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SYNC 2021
The Peabody Hotel,
Memphis, Tennessee
October 10 - 12, 2021
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Shaughn Kelley joins Share One as a member of the NS3 development team.
He earned his Bachelor's degree in Computer Science from Alabama A&M University. Shaughn has nearly 11 years of development experience with desktop and web applications, and brings to Share One his skills including Visual Studio, C#, VB.Net, JavaScript, jQuery, HTML, CSS, and SQL Server.
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Educational Services Webinar Schedule |
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All Webinars are free,
User Login to the Portal is password protected. Contact Technical Support for new access.
Live Webinars listed below are listed in Central Time.
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Introduction to the S1 Community - Case Management |
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Disaster Recovery Testing |
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Credit Union industry experts recommend an annual review for each credit union's complete Disaster Recovery plan.
One very important component is testing your process with Share One.
Please share your plan with us each year as you update your D.R. procedures.
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Call 800-888-0766, option 2, to schedule testing. |
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FinCEN and Fed. Agencies Publish New SAR FAQs |
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The Financial Crimes Enforcement Network (FinCEN), jointly with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, and in consultation with the staff of certain other federal functional regulators, has issued responses to Frequently Asked Questions (FAQs) Regarding Suspicious Activity Reporting and Other Anti-Money Laundering (AML) Requirements.
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