The nation's largest credit union is a relatively small playerin business lending, but a vender announcement Wednesday signaledNavy Federal Credit Union has aspirations to expand its portfolio,focusing on small businesses.

Navy FCU ($83.7 billion in assets, 7.4 million members) said itwill use the bank operating system of nCino, a cloud bankingsoftware developer based in Wilmington, N.C. Chicago-based WestMonroe Partners is expected to complete the installation of thenCino software in April.

Dave Ledwell, Navy FCU's senior vice president for consumer andbusiness lending, said he expects the system will both increaseease of use and speed applications for members, while cuttingoverall processing costs.

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Jim DuPlessis

A journalist for decades.

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