NDCU delays system SWITCH

Nelson & District Credit Union (NDCU) has delayed its banking system upgrade. The proposed SWITCH dates of February 11 to 14 will no longer take place.

  • Feb. 10, 2011 6:00 a.m.

Nelson & District Credit Union (NDCU) has delayed its banking system upgrade. The proposed SWITCH dates of February 11 to 14 will no longer take place.

Doug Stoddart, Nelson & District Credit Union CEO states, “At NDCU, we respect the relationship we have with our 12,500 members. To ensure minimal disruption to members during our banking system upgrade process we have made the decision to delay SWITCH.” Stoddart adds, “While we have the utmost confidence and regard for our new banking system provider and credit union system partners, we feel it would be in the best interest of our members to postpone SWITCH to a later date, still to be determined, in 2011.”

NDCU members have seen an increase in the number of SWITCH related communications over the past two months while the credit union prepared for the banking system upgrade. Regardless of this delay, member preparation and the upgrade process will remain exactly the same. Right now, members are as prepared as they should be.

Doug Stoddart adds, “We have pushed the date ahead to ensure the transition to the new banking system is as seamless as possible and to make sure there is little impact to Credit Union members and operations. NDCU will continue to keep the SWITCH process top-of-mind for all its members as we want members to be as prepared as their credit union.”

Members are being asked to continue to read all SWITCH communications for the new date, visit www.nelsoncu.com/switch frequently, and inquire at their local community branch.

Since 1950 Nelson & District Credit Union has grown over the years from a modest beginning to a robust community-based financial co-operative. After the first year of operations, the cash-box had a net profit of $21.77. Fast forward to 2011 and NDCU manages over $160 million in assets and three branches in Nelson, Rossland and the East Shore. For more, visit www.nelsoncu.com.