Aimbridge Introduces CDs
ENGLEWOOD, Colo.-Aimbridge, a provider of indirect lending solutions exclusively for credit unions, announced the national launch of Credit Desk Support (CDS), an underwriting service that enables credit unions to provide decisions on auto loans during extended hours, weekends, holidays, or on a full-time basis.
Leveraging Aimbridge's automated credit bureau pulling, decisioning, and workflow routing technologies, CDS makes it possible for credit unions to compete more aggressively in the indirect lending market, regardless of their size.
With Aimbridge's team of underwriters, lending recommendations can be made based on individual credit union's predetermined guidelines that have been established with CDS.
For info: www.aimbridge.com.
Strohl Systems Releases PLANet 3
KING OF PRUSSIA, Penn.-Strohl Systems announced the release of PLANet 3, a patented, online business continuity planning tool designed specifically for community financial institutions. PLANet 3 includes new and enhanced features such as the ability to create an unlimited number of plans and to have concurrent users.
Based on FFIEC BCP regulations, PLANet guides users through the planning process step-by-step to ensure compliance.
For info: www.strohlsystems.com.
Walzak Risk Releases WRAP
BOCA RATON, Fla.-Walzak Risk Analysis has rolled out its WRAP (Walzak Risk Analysis Process) Score, the first product that measures mortgage lender and third-party origination process risk.
The automated review, which helps credit unions find and correct defects in their lending process, is a cost-effective alternative for credit unions involved in mortgage lending.
For info: www.walzakrisk.com.
CU 24 Gathers Data From CUs
TALLAHASSEE, Fla.-Credit Union 24 has contracted with an independent researcher to gather feedback from credit unions. Officials said the confidential and anonymous survey will help the network gain a better understanding of credit unions' perceptions and preferences regarding network and transaction-processing services.
Extending beyond the network's membership, Credit Union 24's research will help address the evolving needs of its member owners and those of the credit union community as a whole, and will help the network better fulfill its mission as a cooperative.
For info: www.cu24.com.
