Our Community Credit Union Selects Lending Solutions to Expand Services.Further enhances member service through LSI's National Loan Processing Center
ELGIN, Ill. -- Lending Solutions Inc. (LSI LSI: see integrated circuit.
(Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI. ), a provider of lending center services and consulting programs for financial institutions across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , announced that Our Community Credit Union (Shelton, Wash.) has selected LSI and its around-the-clock consumer lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. programs to expand the company's existing products and services.
As the latest addition to LSI's broad customer base, Our Community Credit Union has signed on to use LSI's loan-by-phone, Internet lending and indirect underwriting Underwriting
1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).
2. The process of issuing insurance policies. solutions. The credit union's members can now receive approval on loans within minutes, 24 hours a day, seven days a week.
"Implementing LSI's solutions complements our current programs and enhances our level of service to members," said Sharon Wiles wile
1. A stratagem or trick intended to deceive or ensnare.
2. A disarming or seductive manner, device, or procedure: the wiles of a skilled negotiator.
3. Trickery; cunning. , lending manager at Our Community Credit Union. "We chose LSI for the way the company merges its innovative technology and the quality, knowledgeable staff who fully support these systems."
"Our portfolio of services enables financial institutions to operate faster, better and more efficiently than they could by themselves," said David Brooke, executive vice president of LSI.
LSI currently serves more than 300 financial institutions including credit unions, banks and mortgage lenders, which access LSI's services through its National Loan Processing Center (NLPC NLPC National Legal and Policy Center
NLPC National Loan Processing Center
NLPC Newfoundland and Labrador Power Commission
NLPC New London Parks Conservancy (New London, CT)
NLPC Non-Link Printable Character(s) ). The center enables institutions to increase their loan volume and enhance customer service while reducing operating costs operating costs npl → gastos mpl operacionales .
About Our Community Credit Union
Serving Mason and Gray's Harbor counties in western Washington
Western Washington is a region of the United States defined as that part of Washington west of the Cascade Mountains. State, Our Community Credit Union was originally chartered in 1941 as Simpson Employees' Federal Credit Union. Its earliest members were employees of local railway and logging companies before extending the credit union's services to members' families. The organization now supports residents, employees and students in this coastal area. For further information on Our Community Credit Union, please visit the company's Web site at www.ourcu.com.
About Lending Solutions Inc.
Lending Solutions Inc. has been a provider of lending center services and consulting programs for financial institutions across North America since 1994. The company's highly trained, professional staff provides 24-hour lending services to approximately 300 of North America's premiere credit unions, banks, and mortgage companies. For further information on Lending Solutions, please visit the company's Web site at www.lendingsolutions.com.