ONTARIO, Calif.—CU Direct announced that eight new credit unions have joined the company’s “Lending Insights” platform, a system that provides credit unions with analytic tools to manage risk, meet regulatory requirements, increase profitability, and optimize loan portfolio performance.
The new credit unions now using Lending Insights comprise: San Antonio CU ($2.8 billion in assets; based in San Antonio, Tex.); Vantage West CU ($1.5 billion; Tucson, Ariz.); Clark County CU ($568.7 million; Las Vegas); City & County CU ($440.7 million; St. Paul, Minn.); Mid-American CU ($261.7 million; Wichita, Kan.); Valor FCU ($227.2 million; Scranton, Pa.); ME/CU ($147.4 million; Oklahoma City, Okla.); and Martin FCU ($113.8 million; Orlando, Fla.).
“With today’s highly competitive and regulated marketplace, our clients recognize the need to look closely at how they manage their lending programs,” said Paul Kirkbride, SVP of credit union solutions at CU Direct, in a statement. “And Lending Insights provides dynamic, best- in-class lending analytics tools that can help credit unions better mitigate risk, find new growth opportunities, and appease regulators.”