Shastic, MeridianLink partnership allows credit unions to track loans from origination to closing on social media site.
GTE Federal Credit Union, a $1.5 billion, Tampa, Fla.-based credit union, likes to keep things simple in its quest to grow loan activity, assets and net worth ratio, said Vice President of Member Consumer Lending Tina Narron.
Automated lending tools have helped the $1.5 billion GTE Federal Credit Union see an average increase of 83% in monthly lending volume in the second half of 2011.
The $1.5 billion GTE Federal Credit Union said it recorded an average increase of 83% in monthly lending volume in the second half of 2011.
Experian's PreciseID identification and credit verification service is now integrated with MeridianLink's multi-channel account opening and loan origination platform, the companies said.