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Teres Solutions Names CU Veteran to Product Management Post 
2/25/2008 

AUSTIN, Texas -- Teres Solutions has hired a longtime customer from a local credit union to be the lending software company's new vice president of product management.

Jack Jordan comes over from $426 million Velocity CU, where he most recently had been chief operating officer. He also has been vice president of administration and of lending and senior vice president in his two decades with the Austin credit union.

Jordan also has been president of AMFCU Services Inc., a CUSO of Velocity CU, and a member of the board of managers of CU Business Solutions, a seven-member CUSO that provides business lending services.

At Teres Solutions, Jordan will spearhead the strategic development and expansion of the SAIL indirect and direct lending solutions, which currently are in place at about 150 credit unions, the company said.

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