BIRMINGHAM, Ala. – Alabama Telco CU said it is expanding its relationship with Wolters Kluwer Financial Services by installing the company’s AppOne lending system.
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AppOne will automate the $450 million credit union’s indirect lending, credit approval and compliance processes.
Alabama Telco is one of the top five indirect lenders among Alabama credit unions in terms of auto loan volume. AppOne said its technology will help Alabama Telco simplify compliance challenges associated with indirect lending and enable it to process auto loans more efficiently.
