American Airlines Credit Union Announces Agreement To Use MeridianLink's Lending And Account System

FORT WORTH, Texas, May 9, 2012 /PRNewswire/ -- American Airlines Federal Credit Union has entered into an agreement with MeridianLink to begin using its LoansPQ™ and XpressAccount™ systems by the end of 2012.

LoansPQ is an entirely Web-based system that allows members to complete an online loan application and receive an answer within 30 seconds on whether their application has been pre-approved or forwarded for further review. XpressAccount gives new and current members the ability to open and fund accounts quickly and easily, 24/7, from the convenience of their home or office.

"We're excited to partner with MeridianLink to offer these solutions that combine integration between new accounts and lending," said Susan Longley, Vice President – Lending and Account Services for AA Credit Union. "This new system will allow our member-owners to benefit from the convenience and ease of online applications as well as the savings opportunities from refinancing loans."

About American Airlines Federal Credit Union

Founded in 1936, AA Credit Union now serves the present and retired employees of American Airlines, their family members and people who work in the air transportation industry. Now in its 76th year, AA Credit Union has more than 233,000 members nationwide and assets in excess of $5.6 billion. As a not-for-profit financial cooperative, AA Credit Union is committed first and foremost to enriching its member-owners' financial well-being through their participation in the products and services of the Credit Union. For more information, please visit www.AACreditUnion.org.

About MeridianLink

MeridianLink is a leading application service provider with extensive experience in the development of web-based solutions and systems integrations. With hundreds of financial institutions nationwide using MeridianLink's web-based systems for credit reports, online consumer lending and new deposit account opening, we have earned a solid reputation as a top-tier developer. Headquartered in southern California, MeridianLink has unparalleled expertise in emerging technologies and is dedicated to applying our knowledge, skills and experience to the needs of the financial services industry.

AA Credit Union is a registered trademark of American Airlines, Inc.

This credit union is federally insured by the National Credit Union Administration.

SOURCE American Airlines Federal Credit Union