Solutions Only Financial Technologies Inc.

Solutions Only Financial Technologies Inc.

July 25, 2011 18:09 ET

Solutions Only Financial Technology: Salmon Arm Savings & Credit Union Chooses Harmony

Salmon Arm Savings & Credit Union Selects Solutions Only Financial Technologies' Harmony Software for Membership and Loans Origination-Solution Supports the Credit Union's Growing Retail Banking Sector Opportunities.

SALMON ARM, BRITISH COLUMBIA--(Marketwire - July 25, 2011) - Salmon Arm Savings & Credit Union, (SASCU) has selected Solutions Only Financial Technologies' (SOFT) Harmony Retail Membership and Loans Origination software solutions to enhance retention and growth of the Credit Union's business member relationships.

A dynamic player in British Columbia's Okanagan region financial services, the $483 million asset community credit union required an intuitive, user-friendly solution capable of maximizing efficiency, accuracy, and opportunity throughout the membership origination and lending processes.

"Maximizing membership processes and experiences are core strategies at our credit union. And membership and loans origination processes are two critical steps. Harmony was a natural choice – it's a solution that will enable us to process and maintain memberships, and loans and mortgages much more quickly and accurately, while promoting relationship building opportunities," explained Ken Hawrys, V.P. Operations and Strategy. "More importantly, SOFT is a collaborative partner that shares our values."

"Particularly in today's economic environment, financial institutions like SASCU are looking for ways to deliver a competitive range of retail banking services, as well as a superior member experience," said Clyde Monk, CEO and founder of Solutions Only Financial Technologies Inc. Harmony Software is designed to deliver that unique competitive edge. "We're delighted to help support SASCU's strategic goals with our business process software solutions."

Since 2004, Solutions Only Financial Technologies software products have served the needs of North American credit unions from $500 million to more than $10 billion in assets.

About Salmon Arm Savings & Credit Union

Salmon Arm Savings & Credit Union, with Corporate Offices in Salmon Arm, BC, is a member-owned full service financial institution with three branches - Salmon Arm, Sicamous and Sorrento - $483 million in assets, and 19,500 members. In addition to leading-edge banking products and services, Salmon Arm Savings & Credit Union delivers wealth management strategies including life insurance through its wholly owned subsidiary, SASCU Wealth and auto and general insurance through SASCU Insurance Services.

About Solutions Only Financial Technologies Inc.

Solutions Only Financial Technologies Inc (SOFT), are leaders in customized software products that maximize productivity, accuracy, and revenue opportunity. Since 2004, SOFT's Harmony brand of software products have rejuvenated business processes, and transformed the point of sale experience, for credit unions, banks, and insurance companies in Canada, the United States of America, and Europe.

In 2011, SOFT introduced Liberty, a suite of internet banking software products, developed in direct response to the marketplace's call for wider choice in retail and commercial internet banking applications, with greater flexibility and control, at significantly competitive investment levels.

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