CRIF ACTion Loan System Secures 35 New Bank Clients
CRIF Lending Solutions' new CRIF ACTion system has signed 35 new credit union and bank clients since its launch. The system aims to automate loan and account origination processes.
CRIF Lending Solutions announced that its CRIF ACTion loan and account origination system has acquired 35 new clients since its launch earlier this year. The system is designed for consumer lending, business lending, and account opening.
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. CRIF ACTion combines the functionality 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," said Stacy Davis, VP of Lending at East Idaho Credit Union. "It’s a very user-friendly system."
The CRIF ACTion platform was built using 30 years of experience in loan origination technology, incorporating feedback from numerous clients. It aims to provide automation, improve booking ratios, and maximize the efficiency and accuracy of lending teams.
Larry Howell, Chairman of CRIF Lending Solutions, expressed satisfaction with the system's growth and stated that the company is developing new functionalities for 2012 and beyond.