Press release

Samaha & Associates Announces Seven Core Conversions in Past 12 Months for Prominent Credit Unions

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Samaha
& Associates
, a Miami-based provider of consulting, negotiation
and project management services to the financial services industry,
announced the completion of core processing conversions for four leading
credit unions and the initiation of core processing conversions for
three other prominent credit unions.

The four completed conversions were finished on-time and on-budget
within the 9-to-12-month implementation timeline. All seven projects
involved assisting credit unions with the search, evaluation, selection,
negotiations and implementation of the core processing system. Most
projects also included the analysis, replacement and upgrades in systems
ranging from digital channels, payments, on-boarding, business
analytics, and financial applications.

“Our customized core conversion process involves a comprehensive
evaluation, aggressive vetting process of the vendors’ actual
capabilities and a live simulation of the prospective solutions’
environment,” said Sabeh Samaha, president of Samaha & Associates. “Our
processes for these conversions kept the credit unions in the driver’s
seat when it comes to utilizing the best core system that met their
needs for the long term.”

“Their proficiency in core and third-party systems, and in-depth project
support, helped us ensure a smooth, successful transition for members,”
said Roger Heacock, president and CEO of Black Hills Federal Credit
Union, Rapid City, SD. “The personal service provided by Samaha team
members went above and beyond what we expected, working closely with our
team for long hours, and advocating on behalf of our members’ best
interests.”

About Samaha & Associates

Founded in 1998, Miami-based Samaha & Associates is a provider of
strategic advisory, consulting, negotiation and project management
services to the financial services industry. The organization has more
than 200 years of collective experience and has completed more than 450
projects for clients. Additional information can be found at www.ssamaha.com.