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NAFCU Aligns with Bankers Systems for Business Lending, Deposit Services

VANCOUVER, British Columbia - A new NAFCU business lending alliance made its debut at its annual conference and exhibition last week. The NAFCU Services Corporation (NSC), the wholly owned subsidiary of NAFCU, has selected Bankers Systems, Inc. as its preferred partner for business lending and deposit services. NSC chose the...

By Staff Writer | Updated on July 20, 2004

VANCOUVER, British Columbia – A new NAFCU business lending alliance made its debut at its annual conference and exhibition last week. The NAFCU Services Corporation (NSC), the wholly owned subsidiary of NAFCU, has selected Bankers Systems, Inc. as its preferred partner for business lending and deposit services. NSC chose the company for its efficiency in implementing a business services program, said Keith Nolan, NSC president/CEO. Banker Systems serves roughly one-third of all credit unions and more than 12,000 financial institutions, according to company data. It “pays close attention to the specific role of credit unions in the emerging business services marketplace,” said Sue Pogatschnik, credit union market manager for Bankers Systems. According to the U.S. Small Business Administration, there are more than 23 million small businesses in the United States – many of which are turning to credit unions for the personal service they can offer, Pogatschnik pointed out. A growing number of credit unions are offering business products as a way to increase member services and invest in the community, she added. Among Bankers Systems’ offerings for credit unions include its Rembrandtr Lending System, a comprehensive loan origination system designed to handle loan documentation for routine and complex transactions for business, consumer, real estate, and agricultural loans; and TSoft SBA FormMaster+, a software program that automates the clerical work and calculations of SBA loan application preparation

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