CGI is pleased to announce the signing of many long-term agreements with credit unions for our CyberSuite solution set. CGI's credit union team is pleased that the following credit unions will continue to be a part of our family of more than 2,300 North American credit unions and banks currently receiving IT services from CGI:
Northland Area Federal Credit Union, Oscoda, Michigan
Northland Area Federal Credit Union (NAFCU) has given CGI it's continued endorsement by renewing their data processing agreement for five years. They will continue receiving such services as core processing, shared branching, and home banking. NAFCU is located in Oscoda, MI and serves 31,000 members with $133M in assets.
Financial Benefits Credit Union, Alameda, California
Financial Benefits Credit Union (FBCU) has continued it's relationship with CGI by renewing their data processing agreement for five years. They will continue receiving such services as audio response, credit bureau access, and disaster recovery. FBCU is located in Alameda, California and serves 5,000 members with $18M in assets.
Lake Chem Credit Union, Calvert City, Kentucky
Lake Chem Credit Union (LCCU) has selected CGI to serve as its IT partner for another seven years by renewing their data processing agreement. They will continue receiving such services as audio response and disaster recovery. LCCU is located in Calvert City, KY and serves 2,500 members with $14.5M in assets.
TriCities Credit Union, Grand Rapids, Michigan
TriCities Credit Union has renewed their partnership with CGI by renewing their data processing agreement for five years. They will continue receiving such services as audio response and disaster recovery. TCCU is located in Grand Rapids, MI and serves 6,500 members with $13M in assets.
Comments and Quotations
"By renewing their data processing agreements, these credit unions have demonstrated confidence in the direction of CGI. These credit unions know that we are working hard to develop applications that will ultimately help them evolve and grow. We expect to see a number of CGI credit unions renewing their contracts this year and beyond."
-Warren Marshall, Vice-President of Marketing, CGI
"CGI is focused on the future. As promised, loan management and member relationship management solutions will roll out this year. The CGI focus groups for automation of mortgage origination and the enhanced GL package, have already met and are on schedule. These items were noted as high priority by the majority of CGI's credit union clients. These steps, taken by CGI's credit union team, have shown me that our credit union has picked the right partner to enable us to compete in the future."
- Jennifer Cronkright, Vice-President, Northland Area Federal Credit Union
About CGI
Founded in 1976, CGI is the fourth largest independent information technology services firm in North America, based on its headcount of more than 13,700 professionals. CGI's annualized revenue run-rate totals $1.3 billion. CGI's order backlog currently totals $6.7 billion. CGI provides end-to-end services and business solutions to more than 3,000 clients worldwide from more than 60 offices. CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A). They are included in the TSX 100 Composite Index as well as the S&P/TSX Canadian Information Technology and Canadian MidCap Indicies.
Web site: www.cgi.com.
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For further information contact:
Heather Bade at (586) 716-2457
