Tech Bytes: Charter One Picks Application Software

Charter One Financial Inc. has selected credit application processing software from Credit Management Solutions Inc.

Charter One said it plans to use CMSI's CreditRevue software to support its direct consumer lending operation and its nonprime home equity lending subsidiary, Charter One Credit Co.

Charter One Financial is the parent of Charter One Bank, one of the five-largest thrift institutions in the country, with $24 billion of assets.

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