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By CRIF Lending Solutions
Mobile banking continues to be one of the biggest trends for consumers, so expectations for credit unions to keep up are as great as ever. Much like opening deposit accounts, lenders across the country are scrambling to ensure their operations cater to the needs of consumers in the digital age. Modern consumers don’t want to be restricted to a branch location and expect the freedom to apply for credit, loans, and other products remotely and whenever they have the time to do it, not just during regular business hours.
Credit unions without access to untethered points of account acquisition are anchored to the past. Online and mobile presence allows them to extend that same signature branch experience to their members while also fitting the current culture of the consumer. Even further, your staff should be able to attend community events and select employee group visits with mobile devices so they can immediately acquire new members if the opportunity should present itself.
Given today’s consumer preferences and behavior, mobile and online functionality is an absolute must for any credit union. However, it’s important to know what your members’ needs are as well as how the right loan origination system will fit those needs. Here are four of the top priorities you should consider when evaluating a platform’s mobile and online capabilities:
Does your loan origination system offer the mobile and online functionality you need to effectively compete as well as offer a great user experience for your members?
The CRIF ACTion loan origination system offers full mobile and online functionality that will allow your credit union to offer an untethered and convenient experience for your members. Our advanced ACTion Deposit Account Opening system also capitalizes on responsive design and robust functionality to offer the industry’s leading account opening platform.
These are just a few of the things you should consider when evaluating a platform’s mobile and online capabilities. For a complete list of what you need to know, please click the button below to download "The Right Loan Origination System for You Top 10 Checklist: Mobile/Online."
CRIF Lending Solutions is the nation’s largest provider of loan and account origination, business process outsourcing, credit decisioning, data access, and lending and marketing analytics solutions to a number of the most successful U.S. financial institutions including banks, credit unions, finance companies, retailers and credit card processors. CRIF Lending Solutions is organized into four dedicated divisions: CRIF Achieve, CRIF ACTion, CRIF Select, and CRIF Synergy. CRIF Lending Solutions is a part of CRIF, the leading global company specializing in the development and management of decision support systems. For more information, visit www.criflendingsolutions.com.
This sponsored content article is provided to the credit union community for shared insights and knowledge from a recognized solutions provider in the industry. Please note that the views and opinions offered here do not reflect those of Callahan & Associates, and Callahan does not endorse vendors or the solutions they offer.
If you are interested in contributing an article on CreditUnions.com, please contact our Callahan Media team at email@example.com or 1-800-446-7453.
July 6, 2015
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