PSCU Financial Teams With Financial Service Centers Cooperative For Loan-By-Phone Solution

ST. PETERSBURG, Fla. – PSCU Financial Services and Financial Service Centers Cooperative yesterday rolled out a new phone-based lending system that can be implemented by any credit union nationwide, including non-shared branching credit unions.

Processing Content

The system, called CIMple Loan by Phone, connects members using FSCC’s shared branches to PSCU’s call center and allows them to complete a loan application at 1-866-MY.CU.NOW. The system also is open to credit unions not participating in the shared branching network.

“Any credit union can expand 24/7 lending simply by putting this phone number on their website and promoting it in their branches," said Peter Schmitt, executive director, PSCU Financial Services.


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