Updated Core Banking System Launching Soon!
Published on: October 20, 2026
At Coloramo, we are investing in technology to make banking more dependable today and support the services you will need in the years ahead. Read on to learn about an exciting upcoming update to our technology!
What Is Changing at Coloramo?
On Monday, December 7, we plan to begin serving you through a new core banking system. Our core banking system is the technology behind your accounts. It maintains account information and records deposits, withdrawals, loan payments, and other transactions. It also connects with services you use every day, including online and mobile banking, debit cards, and ATMs. Much of this change will happen behind the scenes. However, there will be temporary service limitations during the transition weekend, beginning after the close of business on Friday, December 4th. We want you to understand why we are making this investment and what to expect.
Why are we making this change?
As systems age, they can become harder to connect with newer technologies. Our current system has some of these limitations. This upgrade will provide a stronger, more reliable technology foundation, with improved backup capabilities and enhanced security tools to help protect your information and accounts. We know how frustrating it can be when online or mobile banking is unexpectedly unavailable, especially when you need to check a balance, pay a bill, or move money. While no technology can eliminate every interruption, the improvements that come with this change will reduce unexpected disruptions and make banking more dependable. The new system will also help our technologies work better together, giving us more flexibility to improve existing services and add new ones as your needs evolve.
What should you expect during the transition?
The transition will begin after the close of business on Friday, December 4. We expect all online and mobile banking services to be available Monday morning, December 7.
During that time:
Your Coloramo debit and credit cards will continue to work for everyday purchases.
Online and mobile banking services, including electronic transfers and Bill Pay functions, will be temporarily unavailable.
Once the transition is complete and services are restored, account information will be updated to reflect weekend activity.
A member support team will be available throughout the weekend to assist you.
Please plan ahead if you expect to need online transfers or Bill Pay during the transition weekend. We will share additional details before December 4, including service availability, any recommended steps, and how to reach us for assistance.
How are we preparing?
Our team began preparing for the new system in January, testing connections, completing practice conversions, and training on the new technology. These practice runs have helped us identify and resolve issues before the final transition. Throughout the conversion weekend, our team will verify account information, test services, and confirm that the new system is working as expected. Our goal is to minimize disruption to your banking while completing this work carefully and thoroughly.
Thank you for your trust
We recognize the responsibility that comes with changing the technology that supports your accounts. We are approaching this transition with careful preparation and a commitment to keeping you informed. This investment supports our ongoing commitment to reliable, convenient banking and our ability to serve you for years to come. Thank you for your patience during the transition, and for your membership and trust in Coloramo.