First Financial Credit Union of Albuquerque Selects PMSC’s WebFederal3™ Virtual Banking Platform
PM Systems Corporation (PMSC) is pleased to announce First Financial Credit Union of Albuquerque, New Mexico has selected PMSC’s comprehensive WebFederal3™ Virtual Banking platform. Their selection included Internet Banking, Electronic Bill Pay and other WebFederal3™ virtual banking features. The $350M credit union serves approximately 44,000 members. First Financial Credit Union was formed in 1937 by ten members of the telephone company in New Mexico. In the early 80’s, the breakup of the Bell System occurred. First Financial chose to pursue additional fields of membership, and since that time, has grown to serve the employees of over 200 companies and residents of five counties in New Mexico. Spokesperson for PMSC, Pete Barnello stated, “We are delighted to have First Financial as a new client for our virtual banking systems. We know our latest product offerings such as Internet Banking for Business, and Open Transfers will spawn an accelerated round of growth for this fine institution. We expect our integrated online account opening product and remote Instant Deposit product will also help First Financial extend its member service capability well beyond the reach of its physical infrastructure.” PMSC fields the most comprehensive virtual banking system in the industry and has a 21-year service record. Through its client financial institutions, PMSC serves 516,000 direct online subscribers and 1.25 million consumers representing approximately $8 billion in assets. The company’s products include Internet Banking, electronic bill pay, multi-node online lending, comprehensive online marketing systems, electronic statements, check imaging, instant online deposits, inter-institutional transfers, online account opening and much more. PM Systems Corporation is unique because it owns its key financial service products. This permits seamless integration and eliminates numerous third party contracts. Support is simplified because there is only one vendor to call. Finger pointing is virtually eliminated as are mercenary third party pricing vulnerabilities and deployment delays. PMSC’s suite of virtual banking products are coordinated through a centralized and authenticated communications channel known as Communications Center™. This permits credit union call center staffers to centralize and secure all communications and tasks associated with their virtual offerings. Communications Center™ saves large amounts of time and manages work flow and performance through a central console system. PMSC’s Universal Core Connector™ technology provides for the ultimate in portability between open core data processing vendors. The WebFederal3™ suite is currently being interfaced with XP Systems (FISERV®) new virtual banking interface (APEX) and the SymitarTM Episys® core platform.
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