StreamLend Gains Six New Customers
IA Systems, a provider of lending software, reported that five more CU clients will migrate to its new loan processing system, StreamLend Velocity, from the current IA Systems StreamLend product.
Making the move are Educators Credit Union (Racine, Wis., $765 million in assets), Metropolitan Credit Union (Chelsea, Mass., $610 million in assets), Financial Partners Credit Union (Downey, Calif., $643 million in assets), First Technology Credit Union (Beaverton, Ore., $1.5 billion in assets) and Bay FCU, (Capitola, Calif., $510 million in assets).
According to the company, StreamLend Velocity is a customizable, paperless, web-based loan origination system that is designed to automate and streamline the entire lending process for consumer, home equity, and indirect loans.
Using the solution, financial institutions can simplify and accelerate all lending areas from processing and underwriting to funding and closing loans.
StreamLend Velocity, built on a .NET and XML architecture, offers seamless integration with all major core processors and third-party vendors, it said.
For info: www.IASystems.com, or 800-803-7554 ext. 279.