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,
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
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."
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
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 Composit Index as well
as the S&P/TSX Canadian Information Technology and Canadian MidCap
Web site: www.cgi.com.
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For further information contact:
Heather Bade at (586) 716-2457