ONTARIO, Calif. – CU Direct, provider of lending, automotive and strategic solutions to the credit union industry, on Wednesday announced partnership agreements with eight credit unions to implement the company's Lending 360 Loan Origination System (LOS).
According to CU Direct, Lending 360 integrates with credit unions' core processing systems to help improve the processes associated with originating, underwriting and funding consumer loan applications, CU Direct said, helping to increase efficiency and productivity.
The eight credit unions that will be implementing Lending 360 are:
- Westerra CU, Denver (94,292 members, $1.3 billion in assets)
- Cyprus CU, West Jordan, Utah (91,950 members, $707.6 million)
- Rivermark CU, Beaverton, Ore. (70,939 members, $641.7 million)
- Gulf Winds FCU, Pensacola, Fla. (55,706 members, $557.9 million)
- Members 1st CU, Redding, Calif. (15,042 members, $115.1 million)
- Fire Police City County FCU, Fort Wayne, Ind. (10,499 members, $109.8 million)
- Martin CU, Orlando, Fla. (12,552 members, $107 million)
- East County Schools FCU, El Cajon, Calif. (4,436 members, $96 million)
