Washington State Employees CU ChoosesLoan Origination System

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OLYMPIA, Wash. - (09/24/04) -- Washington State Employees CU saidit has selected Associated Software Consultants, Inc.'s PowerLenderJAVA-based loan origination system to help it process residentialmortgages. The $1 billion credit union chose PowerLender because itneeded a loan origination system that would run on Linux, its opensource operating system. Plans call for the new system to beoperational in October.

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