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.

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

  • 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.
NOT FOR REPRINT

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