CU Direct reported that nine additional credit unions have signed up to use its Lending 360 loan origination system to make auto loans.
Lending 360 streamlines and automates decisions in originating, underwriting and funding auto loans, the company said.
The nine credit unions included the $4 billion, 488,000 member Mountain America Credit Union; the $1.9 billion, 27,000 member Merck Employees Federal Credit Union; the $1.2 billion, 90,000 member Orange County's Credit Union; the $1 billion, 98,000 member Goldenwest Federal Credit Union; the $525 million, 36,000 member Clark County Credit Union; the $493 million, 55,000 member Mazuma Credit Union; the $345 million, 31,000 member Granite Federal Credit Union; the $342.8 million, 25,000 member PremierOne Credit Union and the $148.3 million, 20,000 member Central State Credit Union.
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