PARMA, Ohio – Cleveland SelfReliance FCU has converted to Xetus’ XetusOne Loan Management System, an online loan origination system.
The company said XetusOne eliminates major upfront costs, per-seat or per-user fees, and annual maintenance charges, so any credit union, regardless of asset size, can viably adopt the LMS, unlike traditional server-based software. The absence of capital costs associated with traditional server-based software further highlights XetusOne’s affordability because traditional server-based software requires time and effort toward maintaining hardware and software configurations, which invariably creates awkward workflow interruptions.
Cleveland SelfReliance is an $80 million credit union that focuses on the Ukrainian-American population in metropolitan Cleveland.
Xetus is based in Palo Alto, Calif.
