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Ohio CU Uses POS Software to Help Dominate Local Mortgage Market

Superior FCU in Lima using Mortgagebot tools to help gain 25% market share.

By Andrew Corselli | Updated on March 19, 2012

Lima, Ohio-based Superior Federal Credit Union said it has used the efficiency of its the integrated point-of-sale to dominate its mortgage market by achieving 25% market share of mortgage loans, or five times the national credit union average.

The credit union services a $660 million portfolio, an increase of about $390 million since November 2008 when it launched the PowerSite integrated point-of-sale solution from Mortgagebot of Mequon, Wis., and has also decreased processing time by 50% and doubled the capacity of loans in each loan officer’s daily workload.

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