ALBANY, N.Y. - (04/12/06) - IA Systems said Tuesday that fivemore of its credit union clients have migrated to its new loanprocessing system, called StreamLend Velocity, from their currentIA Systems StreamLend product. Those credit unions are: EducatorsCU, Racine, Wis., Metropolitan CU, Chelsea, Mass., FinancialPartners CU, Downey, Calif., First Technology CU, Beaverton, Ore.,and Bay FCU, Capitola, Calif. StreamLend Velocity is acustomizable, paperless, web-based loan origination system designedto automate and streamline the lending process for consumer, homeequity and indirect loans.
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The credit union partnered with Happy Money's digital lending and participations platform. TruMark has purchased, but not sold, participations for the past five years.
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