Digital Employees FCU Collaborates With XP Systems on Commercial Loan System

Published November 14, 2007, 7:05 p.m. EST

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Updated August 27, 2020, 1:32 a.m. EDT

1 Min Read

SAN ANTONIO – Digital Employees FCU is getting ready to roll out a new member business loan data processing system it helped develop.DCU currently manages its $280-million MBL portfolio with its own in-house system, according to Stephen Mackowitz, vice president commercial lending for the Marlborough, Mass., based credit union, who made the announcement at the CUNA Lending Council conference.The $4-billion credit union worked with XP Systems and nine other credit unions to develop a commercial loan system specifically for credit unions. DCU plans to go live with the new system on Dec. 1.

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