Lending 360 enables credit unions to improve the processes associated with originating, underwriting and funding both new account and loan applications. The LOS offers dynamic features that streamline the entire loan application process, giving credit unions the ability to greatly enhance staff efficiency and the member experience.
"We are committed to helping credit unions speed up new account opening, allowing them to then focus on sales and service as opposed to process," said Paul Kirkbride, senior vice president of credit union solutions at CU Direct. "With that mind, we're excited to work with SWBC to provide our credit unions with payment technology API, which will improve the overall member experience."
"The core business of our payment technology is to provide our clients with an easy way to facilitate loan payments from one financial institution account to another," said Jason O'Brien, senior vice president of payments at SWBC financial institution group. "Our partnership with CU Direct, using their Lending 360 LOS, allows us to expand this offering to include funding for opening new accounts."
About CU Direct
Established in 1994, CU Direct has helped the credit union industry fund over $186 billion in loans by being the nation's leading lending technology and automotive solutions provider for credit unions. Representing more than 1,000 credit unions, CU Direct specializes in solutions that help credit unions generate loans, create efficiencies and grow membership. CU Direct offers products and services that help credit unions advance their lending programs and achieve overall portfolio success. For more information, visit www.cudirect.com.
Headquartered in San Antonio, Texas, SWBC is an international financial services company providing a wide range of insurance, mortgage and investment services to individuals, businesses and financial institutions. SWBC's Financial Institution Group provides quality solutions and services that help financial institutions of all sizes manage risk, generate income and streamline operations. For more information, visit www.swbc.com.
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