NACUSO Marketplace Provider
Organization Name: Prodigy
NACUSO Membership: Platinum
Year Formed: 1994
Description of Your Services: Credit Union Service Organization offering Core Processing and Cloud Services.
Services You Provide:
Accounting Services:Services for Credit Unions
Auto Lending:Servicing Auto Loans
Business Lending:Servicing Commercial Mortgage LoansServicing Equipment LoansServicing Inventory LoansServicing Lines of Credit
Collection Services:Collection Services for Credit Unions
Credit Card Lending:Servicing Credit Card Loans
IT Services:Proprietary Core IT ServicesSoftware DevelopmentIT Services Platform Design and Integration
Managing CUSO Investments:In Fintech’s Serving Credit Unions
Mortgage Lending:Servicing Mortgage Loans
Operational Services:Management, Training and Operational SupportInternal AuditsServicing ATMsShared BranchingDisaster Recovery Services
Payments:Bill PaymentDebit Card ProcessingCredit Card ProcessingPayroll ProcessingStored Value Card ProcessingCheck CashingPayment Item ProcessingElectronic Funds Transfer ServicesWire Transfer Services
Unsecured Lending:Servicing Unsecured Loans
Why should a credit union use your services?: Prodigy exists to enable key technology, one Credit Union at a time. Prodigy provides the combined power of a modern core platform with the security of a private cloud. Prodigy is the only CUSO focused exclusively on delivering cutting-edge, cloud-based technology solutions from a secure, private cloud. In addition to a very robust core SaaS processing platform, we offer a range of core-agnostic cloud services, enabling your credit to virtualize its entire IT operation, from servers to desktops. With Prodigy, Credit Unions have a real voice. We empower our Credit Unions to participate in the direction, evolution, and design of our innovative products and services. Prodigy is fueled by the credit union movement. Built by credit unions. Supported by credit unions. For credit unions.
Join our core revolution.
Number of Credit Union Customers: 39
Percentage of Users/Customers that are Credit Unions: 100
Are You a CUSO?: Yes
Are there investment opportunities for credit unions?: Yes
Describe Your Business Model:Fee for services.
Are you currently seeking additional users/customers?: Yes
Do you offer discounts or other benefits for NACUSO Members?: No
Not all cores are created equal. Some still use yesterday’s technology such as AS/400 hardware (1988), DB2 databases (1970’s), and EBCDIC data extracts (1960’s). Green screens lurk quietly behind the scenes. Prodigy offers a modern, cloud-based core that is member-centric, secure, private cloud technologies. No server hardware to buy or maintain by credit unions anymore. No proprietary software needs either. Prodigy handles those. Prodigy also offers an open API, 24/7 processing, free data recovery/backups for credit unions.