Since launching earlier this year, CRIF ACTion – the origination system for consumer lending, business lending, merchant lending and account opening – has signed on 35 credit union and bank clients and continues to gain momentum in the marketplace, CRIF Lending Solutions announced today. Finance Center Federal Credit Union, First Bank & Trust, North Island Credit Union, Waccamaw Bank and Desert Schools Federal Credit Union are among the latest clients enjoying the robust functionality and ease of use of the CRIF ACTion system, which is a powerful combination of the APPRO and Teres solutions.
"We evaluated several systems and chose CRIF ACTion because we felt that it had the best decision engine and excellent configurability to help us automate our loan process. It’s a very user-friendly system, and my direct and indirect channels can now give consistent responses to members regardless of the channel they choose to obtain my products,” said Stacy Davis, VP of Lending at East Idaho Credit Union. “CRIF Lending Solutions is a leader in loan origination and we think CRIF ACTion is the solution for helping us grow loan volume."
The CRIF ACTion platform was built by combining 30 years of experience and technology expertise in loan origination technology with ongoing feedback from hundreds of clients in order to build a system that truly suits lenders’ needs. The system provides exceptional levels of automation and improved booking ratios while maximizing a lending team’s efficiency and accuracy.
“We are excited about CRIF ACTion’s growth so far this year and how well-received it has been by financial institutions,” said Larry Howell, Chairman of CRIF Lending Solutions. “We have the most resources in the industry dedicated to this product and we are hard at work developing innovative new functionality for 2012 and beyond.”
