Back to Blog

Second Largest Credit Union in Canada Chooses Temenos T24

Thumbnail image for TemenosLogo.jpgCoast Capital Savings Credit Union announced that it will go live with Temenos T24, deploying the new core banking system in a bid to better serve the company’s 450,000 daily transactions.

Temenos T24 is among the best-selling core banking software systems in the world over the past 14 years, according to IBS Intelligence. The software has been a perennial winner of Banking Technology magazine’s annual “Best Core Banking Product” Readers’ Choice Award.

The second largest credit union in Canada, Coast Capital Savings Credit Union has enjoyed asset base growth of more than 100% over the past ten years (now at more than $13 billion dollars as of the end of 2011). Credit union membership stands at 475,000, with more than 50 branches in the greater Vancouver area of British Columbia.

Temenos was among the companies to participate in FinovateEurope 2013 last month in London. Video of their presentation will be available soon.

Learn more about Temenos from our “Live Blog” post from their FinovateEurope demo here.