Lambton Financial Credit Union has chosen Fiserv Solutions of Canada's Acumen account processing solution to support its growth strategy.

Lambton Financial Credit Union is the 15th Canadian credit union to choose Acumen for core banking. Specifically, leaders of the credit union cited Acumen for its integrated loan processing capacity, 360-degree member views, and ability to improve back-office processes.

Designed to support the business initiatives of credit unions, Acumen was built from the ground up as a completely open platform using the latest internet technologies. With unlimited scalability, real-time processing, global capabilities and 360-degree member views, Acumen delivers flexibility credit unions cannot outgrow. Acumen is available throughout Canada in an in-house, service bureau or resource management deployment model.

Robert Ferris, CEO for Lambton Financial Credit Union, said: We believe that the services offered in this solution will allow us to better understand and manage our members’ business. Acumen will allow us to streamline our member service processes and dramatically improve efficiencies in the back-office. We believe this change will better prepare us for the challenges of the future and provide us with the tools to be a strong niche player in the financial services industry in the communities we serve.