The $2.1 billion, Briarwood, N.Y.-based Melrose Credit Union isgiving rave reviews of its experience with the Raleigh, N.C.-basedSageworks' new Electronic Tax Return Reader, which the credit unionsaid helps improve underwriting efficiency.

Sageworks introduced the Electronic Tax Return Reader as a majortime-saving enhancement to its suite of credit risk managementsolutions for financial institutions. The complimentary upgradeautomatically imports data from borrowers' tax returns.

“I am ecstatic with this product so far,” Steven Krauser, seniorvice president of retail operations for Melrose CU, told CUTimes.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).