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FedComp & Venminder Team Up

    For Immediate Release: December 12, 2017 FedComp and Venminder Team Up to Help Credit Unions Manage the Tactical Challenges of Assessing and Mitigating Third-Party Vendor Risk FAIRFAX, Va., December 12, 2017: FedComp, the Virginia-based core data processor, today announced a partnership to introduce Venminder third-party vendor risk management services to its more than […]

FedComp and Payveris Team Up

    For Immediate Release: September 20, 2017 FedComp and Payveris Team Up to Deliver Best-in-Breed Digital Payments to CUs Turnkey Solution Offers Small Credit Unions Bigtime Advantage with Affordable Pricing, Quick Time to Market and Budgeting Certainty FAIRFAX, Va.: Credit union core processor FedComp and Payveris, the Cromwell, Conn.-based money movement platform, today announced […]

In the Aftermath of Hurricanes Harvey and Irma…

How prepared are you for a natural disaster? Do you have a written disaster recovery plan? If not, FedComp can help.  Our Disaster Recovery program includes a workbook that guides you through a written recovery plan. With this program, FedComp will provide you with a temporary laptop in the event you are unable to access […]

New Charter, New Life For A New York Credit Union

  How a new headquarters building and a community charter underpinned growth at Peru FCU. By Marc Rapport CU QUICK FACTS Maggie Pope, CEO, Peru FCU Peru FCU Data as of 03.31.17 HQ: Peru, NY ASSETS: $17.7M MEMBERS: 2,431 BRANCHES: 1 12-MO SHARE GROWTH: 0.4% 12-MO LOAN GROWTH: 10.0% ROA: 0.21% In 2015, Peru Federal […]

Happy Birthday Frank Sarver

As most of you know, FedComp got its start in 1982 at IBEW 968 FCU in Parkersburg, WV.  After retiring as a union electrician, my grandfather took over management of this small credit union.  He did everything by hand.  He had hand ledgers, calculated interest with a desktop calculator and once a quarter went through […]

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Credit Union Data
Processing Systems

Used in over 3500 credit unions