AUSTIN, Texas — Teres Solutions Inc. said it now has more than 175 credit unions and other financial institutions using its direct and indirect lending automation products.

The 6-year-old company said four new credit unions who have signed on to use the SAIL platform are $1 billion ORNL FCU in Oak Ridge, Tenn., $421 million Insight Financial CU in Orlando, Fla., $177 million Gulf CU in Groves, Texas, and $140 million Heritage CU in Madison, Wis.

The company (www.teressolutions.com) said it also now is managing approximately $58 billion in annual direct and indirect loan volume on the SAIL software.

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