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Banking Technology

Nymbus, a US-based core banking software vendor, has acquired fellow supplier R. C. Olmstead (RCO), to gain a foothold in the Midwest credit union market. RCO comes with 46 customers, all in the low-tier segment.

NYMBUS Acquires R. C. Olmstead, Leader of Credit Union Services in the Midwest

Along wih the acquisition of RCO, developer of premier core data processing systems to credit union customers, will come RCO’s user base of 46 credit unions headquartered throughout the Midwest…