Educators CU Installs IA Systems'StreamLend Velocity

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RACINE, Wis. - (06/27/06) -- Educators CU reported Monday it hassuccessfully implemented IA Systems' StreamLend Velocity, aweb-based loan origination system, on June 7. The $780 millioncredit union migrated to the StreamLend Velocity because it neededa comprehensive loan automation to streamline everything fromprocessing and underwriting to funding and closing. The 15-branchcredit union typically works with up to 20 users simultaneously onthe system. IA Systems is based in Albany, N.Y.

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