Transform Your Lending Process: Deliver the Ultimate Digital Experience to Your Members!
Sync1 Systems July Blog 06.07.2023
Transform Your Lending Process: Deliver the Ultimate Digital Experience to Your Members!
Credit unions prioritize loan revenue and increases in membership as crucial factors for achieving success as financial institutions. To accomplish this, they strive to provide members with engaging digital experiences for loan applications and round-the-clock access to their accounts. These offerings go beyond what some traditional financial institutions typically provide, delivering additional benefits for credit union members to enjoy.
A viable solution for credit unions is to implement and launch Loan Origination Software (LOS) that enables members to apply online for loans. To further boost their members’ digital experience, the incorporation of AI into their online decision-making capabilities.
This technology makes the loan approval process quicker than paper applications. Sync1 Systems' partner, Zest AI, has a solution to increase the loan decision process for faster results. Sync1 Systems' LOS supports those credit unions that lack the technology to provide members with an easy online loan application process. As a Sync1 Systems client, you have access to educational webinars and the ability to connect with our partners who have products and services that enhance your credit union’s members’ digital banking experience.
Credit union partners choose Sync1 Systems’ LOS because it features:
Streamlined loan-processing workflows
Increase in loan revenue
Quickly acquire new market share
At Sync1 Systems, we’ve seen huge successes for our credit union clients when they streamline their loan application process with LOS. Talk to us! We’re here to steer you toward the best options for increasing your loan revenue and watching your membership boom.