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AUSTIN, Texas – Three-year-old Teres Solutions continues to gain traction in credit union land, announcing seven new credit union users of its indirect auto lending software solution – SAIL (Software Application for Integrated Lending.) The new clients are $1.7 billion Redstone FCU in Huntsville, Ala.; $890.2 million Central Florida Educators FCU in Orlando, $486.9 I.H. Mississippi Valley Credit Union in Moline, Ill.; $267.8 million Honeywell FCU in Minneapolis; $188.7 million Union Square FCU in Wichita Falls, Texas; $164.7 El Paso Employees FCU in Texas, and $157.6 Security 1st FCU in McAllen, Texas. Teres Solutions (www.teressolutions.com) was founded in 2002 and features integration with DealerTrack’s finance platform in its rules-based, Web-enabled SAIL software, which now has more than 30 credit unions signed on. The system allows credit unions to electronically receive application data through DealerTrack and then automatically process and approve them for fast payment to the dealer.

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