Share One, a provider of core and digital banking solutions for credit unions, is excited to announce it has entered into a stock acquisition agreement giving Dedagroup North America (NA) a majority stake in Share One. With over five decades of providing core banking solutions to credit unions, this decision signals a significant step forward in accelerating growth and digital transformation for current and future Share One customers.
"We are thrilled to start this new chapter alongside Dedagroup NA. With our combined expertise and focus on credit union systems, we are confident we will continue to deliver value and greater efficiency for our credit union customers. By leveraging Dedagroup NA’s capabilities and experience with advanced digital transformation, we aim to offer an enhanced member experience through a comprehensive suite of solutions and services,” said Share One Board Chairwoman, Lynn Calvert, CEO of Cascade Community Credit Union.
Marcello De Angelis, General Manager of Dedagroup NA, commented, “At Dedagroup NA, we are excited to welcome the Share One team and for the opportunity to serve its current and future customers. We are committed to the credit union space, focusing on being the right partner for employees and customers. We plan to invest significantly in Share One products, infrastructure, and services while leveraging Dedagroup’s additional financial services and technical capabilities. We believe Share One, together with Dedagroup NA’s deep technical expertise, can provide credit unions with the right foundation for their current operations and future evolution.”
“The board put significant time and energy into identifying an organization that is aligned with our commitment to helping us build a world-class core and digital banking platform, focused on the US credit union marketplace. In addition, we have a growth partner with significant financial services experience working with cooperatives, in the US and internationally,” said Board Vice Chairman Martin Eakes, CEO of Self-Help Credit Union.