League Data migrates credit union to Mambu

Ellie Duncan
06 May 2024

Canadian credit union technology partner League Data has converted Brunswick Credit Union to cloud-based banking platform Mambu, as part of the digital transformation of its credit unions.

Brunswick Credit Union’s legacy core banking system was approaching “end of life” in 2025, according to League Data, which is the chief information officer for the Atlantic Credit Union System.

“Our shared goal is to migrate every credit union in the Atlantic Credit Union System to this new banking platform that will provide an ecosystem for future growth and optimization,” said Chad Griffin, chief information officer at League Data.

He called it “an opportunity to reimagine our systems”.

By converting to Mambu, Atlantic credit unions will have the ability to scale their deposits and lending offerings, and to roll out products more quickly and efficiently, including checking and savings accounts, mortgages, loans, and business banking.

“Once the core transition has been completed, leveraging the Mambu cloud banking platform to its full extent to take advantage of future possibilities is where the full benefits and potential for our members will be realized, “said Lisa Loughery, chief executive officer of Brunswick Credit Union.

Fernando Zandona, Mambu’s chief executive officer, added: “We wanted to bring innovation and simplicity to the credit union segment. And we are with League Data, every step of the way.”

At the start of the year, League Data acquired Canadian credit management solutions provider Technicost from Co-operators Financial Services.

Carrie Forbes, chief executive officer of League Data, is speaking at Open Banking Expo Canada on June 11 in Toronto. Find out more about the agenda and register for your ticket here.