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 ( said it also now is managing approximately $58 billion in annual direct and indirect loan volume on the SAIL software.

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

  • Critical 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 and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.