Michigan CUSO To Implement RembrandtLending Solution

January 04, 2005, 1:00 a.m. EST 1 Min Read

ANN ARBOR, Mich. - (01/04/05) -- Michigan Business Connection, anewly formed CUSO for business lending services, said it has signedwith Bankers Systems, Inc., to use the company's Rembrandt LendingSystem for online loan documentation. The Rembrandt system helpsincrease the efficiency and productivity of a credit union orCUSO's business lending by simplifying the documentation ofbusiness loans. Bankers Systems is a unit of WoltersKluwer ofAmsterdam.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Payments

The tech trends driving a boom in embedded payments

As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.

By Cheryl Winokur Munk

July 4
Politics and policy

GOP megabill cutting CFPB funding goes to Trump's desk

House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.

By Claire Williams

July 3
Artificial intelligence

How BBVA is using AI to save employees 3 hours a week

A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.

By Melinda Huspen

July 3
Industry News

CoastalSouth's IPO prices at lower than expected range

Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.

By Editorial Staff

July 3
Originations

Capital One confirms Discover home equity shutdown

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.

By Brad Finkelstein

July 3
Fintech

Exclusive: BECU acquires EarnUp's generative AI unit

In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.

By Penny Crosman

July 3