Three CUs Opt For Teres Solutions' SAIL Product

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Teres Solutions, Inc., a software provider to financial lending institutions, has signed three new credit union customers: Denali Alaskan FCU, Fort Bliss FCU and Telhio Credit Union. Teres Solutions' Software Application for Integrated Lending (SAIL) products are being used by the three credit unions to automate manual loan processing steps and provide greater visibility into how lending programs are managed, the company said.

In Denali FCU's case, it is using the software to upgrade its existing indirect lending to allow direct connection to credit bureaus and improved reporting capabilities. Fort Bliss FCU said it was seeking a way to reduce lengthy manual and automated processes within its lending programs. And Telhio Credit Union said it was seeking a more efficient lending process included a software product that had an easy to use interface, compatibility with their core system and automatic loan approval capability. For info: www.teressolutions.com.

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