Finastra gains three US clients

Finastra gains three US clients

Three credit unions in the US have signed for the lending software from Finastra (formerly D+H Corporation and Misys).

The software is a mix of the Total Lending and Mortgagebot products previously supplied by D+H.

Central Florida Educators Federal Credit Union has recently gone live with the software; TruMark Financial Credit Union (Pennsylvania) is in the implementation process; while Evansville Teachers Federal Credit Union (Indiana) has just signed for it.

With the new tools in place, credit unions “are able to provide sophisticated user experience and compete with larger institutions”, Finastra says. The software enables them “to simplify the lending process, reduce costs, streamline front line and back-end processes and benefit from remote deposit and mobile banking capabilities”.

Kyle Stewart, VP of commercial lending at TruMark Financial CU, comments that the project will equip the credit unions with “the tools to provide a positive experience for its members”. A streamlined process will result in a faster response to customers, Stewart adds.