Allegacy FCU Taps TransUnion for ID Management/Compliance

WINSTON SALEM, N.C. — Allegacy Federal Credit Union has turned to TransUnion to enhance its credit risk, identity management and compliance processes.

The offering will help Allegacy FCU in making credit offers, verifying applicant identity against multi-source databases and meeting compliance guidelines by screening their applicant names against known criminal databases. “As our credit risk, identity management and compliance requirements become more intricate, information solutions companies like TransUnion play a significant role,” said Allegacy FCU Credit Administration Officer Perry Crutchfield. “The ability to combine our experience, intuition and analysis with external data, decisioning and analytics from TransUnion enables our organization to maximize efficiency, manage risk and ultimately improve our members’ experience.”