Through a new agreement with a loan processing provider,Interra Credit Union has opened the door for future growth innorth-central Indiana.
|That's according to CRIF Select, a division of the Atlanta-basedCRIF Lending Solutions, which provides loan and accountorigination, business process outsourcing, credit decisioning, dataaccess and analytics solutions to more than 650 banks, creditunions, finance companies, retailers and credit cardprocessors.
|The $665 million Interra in Goshen, Ind., had operated its ownindirect auto loan program for several years and had built a strongreputation within the local communities, CRIF Select said.
|The new partnership aims to expand even more by allowing Interrato refocus its resources on program growth instead of operationsand maximize its footprint in the auto lending market, according toCRIF Select.
|In 2012, the PennsylvaniaCredit Union Association announced a partnership with CRIFLending Solutions to bring merchant lending to the state's creditunions.
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