Educators CU Installs IA Systems'StreamLend Velocity

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.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER