Five CUs Converting to IA's Latest Loan Solution

ALBANY, N.Y. – IA Systems, a provider of lending software and services, announced that five more of its credit union clients will migrate to its new loan processing system, StreamLend Velocity, from their current IA Systems StreamLend product. The clients committed to migrating to IA Systems’ new StreamLend Velocity include: Educators Credit Union (Racine, Wis.; $765 million), Metropolitan Credit Union (Chelsea, Mass.; $610 million), Financial Partners Credit Union (Downey, Calif.; $643 million), First Technology Credit Union (Beaverton, Ore.; $1.5 billion) and Bay Federal Credit Union (Capitola, Calif.; $510 million), among others. “While StreamLend is an excellent product, and we are committed to supporting it for the next several years, clients who choose to migrate to StreamLend Velocity will immediately see enhanced functionality,” said Deb Ryan, CEO of IA Systems. StreamLend Velocity is a customizable, paperless, Web-based loan origination system that is designed to automate and streamline the entire lending process for consumer, home equity and indirect loans. StreamLend Velocity, built on a .NET and XML architecture, offers integration with all major core processors and third-party vendors.