Anheuser-Busch Employees' CU Adds ToOnline Lending Capabilities

February 28, 2006, 1:00 a.m. EST 1 Min Read

ST. LOUIS - (02/28/06) -- Anheuser-Busch Employees' CU said ithas signed with IA Systems to implement the company's StreamLendVelocity to automate and accelerate its lending operations forconsumer indirect, and home equity loans. The system iscustomizable and paperless and automates the entire lendingprocess, from processing and underwriting to funding and closing.The $810 million credit union has chosen to use IA Systems' newapplication service provider facility, a low-cost option thateliminates the need for on-site installation and maintenance, andprovides superior disaster recovery support.

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