Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MERRIFIELD, Va. – Navy Federal Credit Union will soon begin building its own automated loan origination system with the help of a New Jersey-based enterprise software specialist. The $25 billion CU (www.navyfcu.org) has contracted with Provenir, a provider of enterprise software for managing customer lifecycles, to support development and operation of the new LOS, a project expected to begin this fall, the company says. The world’s biggest credit union will work with Provenir specialists to create a knowledge transfer mechanism for Navy Federal staff to quickly incorporate best practices and develop advanced application management skills, the company says. “The credit union was extremely thorough in examining potential software vendors and products to ensure that their members would benefit from a better, more responsive lending process. Provenir is committed to helping financial institutions save time and money in all their customer interactions and associated back office practices.” says Jeffrey Oulton, chief operating officer of Provenir (www.provenir.com) in Parsippany, N.J.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.