Automated lending tools have helped the $1.5 billion GTE Federal Credit Union see an average increase of 83% in monthly lending volume in the second half of 2011.
The 177,000-member Tampa, Fla., CU began using a loan origination platform from MeridianLink of Costa Mesa, Calif., last April.
MeridianLink allows for online loan applications and handles indirect and in-branch lending.
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