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The Switch is back on at the NDCU

Nelson Daily Editor
By Nelson Daily Editor
March 31st, 2011

Nelson and District Credit Union (NDCU) announces the re-scheduled SWITCH date for its banking system upgrade.

Members will experience branch closures and electronic service interruptions during the SWITCH weekend between Friday, April 30 at 5 p.m. to Wednesday May 4 at 10 a.m. The Credit Union has spent the past 10 months preparing members for this upgrade.

“Members expect innovative products and efficient service,” said Credit Union CEO Doug Stoddart. “Our current banking system is over a decade old, and to keep pace with changing technology and an evolving financial services industry, we made the decision in late 2009 to start the process of upgrading to a next generation banking system.”

In February the NDCU pushed the original date ahead to ensure the transition to the new banking system was as seamless as possible and to make sure there was little impact to members.

“We are pleased to announce this new date and ask our members to prepare for in-branch and electronic service interruptions,” said Stoddart.

NDCU members have seen an increase in the number of SWITCH related communications over the past few months while the Credit Union has been preparing for the banking system upgrade.

Member preparation and the upgrade process will remain exactly the same as it did with their original February date.

Right now, members are as prepared as they should be; however, going forward, NDCU will continue to communicate pertinent member details regarding SWITCH.

Members are encouraged to read all SWITCH communications, visit frequently, and inquire at their local community branch.

Since 1950 Nelson and 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 $162 million in assets and 3 branches in Nelson, Rossland and the East Shore.

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