Apple Bank For Savings Chooses ASC's PowerLender LOS; System Brings Flexibility, Long-Term Cost Savings.MIDDLEBURG HEIGHTS, Ohio Middleburg Heights is a city in Cuyahoga County, Ohio, United States. The population was 15,542 at the 2000 census. Geography Middleburg Heights is located at (41.366725, -81.808893)GR1. -- Associated Software Consultants, Inc. (ASC ASC Ambulatory surgery center, see there ), a provider of loan automation software to the mortgage industry, announced today that New York-based Apple Bank for Savings upgraded to PowerLender(R), ASC's Java-based loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. system (LOS). Apple Bank for Savings began using PowerLender in October. PowerLender enables the bank to more easily make customizations, extending the life of the system, and generates long-term cost savings by simplifying future upgrades. The bank can also choose to run PowerLender from a wide variety of operating platforms currently available, including Windows or Linux, should the need arise. "We chose PowerLender because we had been using UNI-FORM, ASC's original LOS, since 1995 and realized that it would be more efficient and cost-effective to move to PowerLender," said George Bossis, senior vice president of Apple Bank for Savings. "Because PowerLender is so flexible and can run on a wide variety of computing platforms, we will be able to use PowerLender for a decade or more." PowerLender is designed to help financial institutions reduce operating costs operating costs npl → gastos mpl operacionales and boost long-term profitability. The Java-based LOS is also compatible with any of the popular database programs, such as Oracle or MS SQL Server See Microsoft SQL Server. , and open-source MySQL. "PowerLender is important to users like Apple Bank because it helps manage the origination process, from prequalification to closing and funding," said Tim Liston, president of ASC. "Apple Bank is able to utilize the benefits of PowerLender's flexibility, providing a cost-effective solution that increases functionality and reduces the need to completely replace the system every few years." About Apple Bank for Savings Apple Bank for Savings is a New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. based savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. that offers a wide variety of products and services such as loans, mortgages and a variety of deposit services. Apple Bank currently serves its customers through more than 46 branches. For more information, visit their Web site at www.theapplebank.com. About ASC Associated Software Consultants, Inc. (ASC) designs and markets loan automation software for use by mortgage banks, commercial banks, community banks and credit unions. ASC's business strategy focuses on providing software and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services that enable lenders to improve the volume and quality of their business streamline workflow and reduce costs. The company's lending solutions enhance secondary marketing operations, improve overall profitability and better serve borrowers, investors, real estate brokers, third-party service providers and other constituents. For additional information about ASC, visit the company's Web site at www.asconline.com. |
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