news

Lennox

PRESS RELEASE
September 27, 2018 - FOR IMMEDIATE RELEASE


LINO LAKES, MN – Sharetec System, core technology made simple, has contributed to the success of Lennox Employees Credit Union in assisting members during a catastrophic EF 3 Tornado.

Lennox Employees Credit Union in Marshalltown, Iowa, experienced a devastating tornado that caused damage to the credit union and the homes and businesses of Marshalltown residents. While the CU was closed during this unexpected disaster, they were able to serve their members remotely with the help of Sharetec Service Bureau.

Pat Anderson, Vice President of Accounting for Lennox ECU, comments, “We were lucky and did not have nearly as much damage as those around us, with many of our members in desperate need of access to their accounts. Sharetec contacted us right away and were awesome in getting the Sharetec icon on my laptop so I could process ACH and Share draft returns while assisting members during this frantic time.”

“With so many disasters happening all around us, it’s crucial for credit unions to have a plan in place. Members need to be able to access their accounts to make it through any disaster and they are counting on their credit union to be there for them. Sharetec’s Service Bureau is a great option for credit unions who want to be prepared,” comments Matt Isger, Regional Director for Sharetec.

To read the full case study, click here.