Park Community Credit Union Selects the Origence Consumer LOS to Streamline Loan Originations and Enhance Borrower Experience
Irvine, CA – June 23, 2021 – Origence, the leading lending software technology provider, has partnered with Park Community Credit Union to implement Origence’s Consumer Loan Origination System (LOS). More than 150 financial institutions are leveraging the LOS to drive both loan efficiencies and originations.
As a result of the partnership, Louisville, Kentucky-based Park Community Credit Union (83,526 members, 1.16 billion in assets) is implementing the consumer LOS to bring a modern, streamlined lending experience to their members and staff, and strengthen their marketplace presence.
“As we started our digital-first journey, frictionless full-featured online member onboarding and quick, easy lending to our members was imperative,” said Jason Whitsell, Park Community Credit Union’s chief information officer. “Our goal was to find a lending solution that would create a modern, real-time lending experience that’s both convenient for our members and efficient for our support team. We believe that we have found that solution with Origence, and we look forward to it being a core part of digital transformation.”
As an industry-leading, comprehensive account and loan origination system, the Origence Consumer LOS offers dynamic features that optimize the entire loan application process, giving credit unions the ability to greatly enhance lending performance and member experience. With Origence, lenders are able to truly set themselves apart in today’s fast-paced lending landscape.
The LOS’ account origination capabilities allows borrowers to open checking, savings, money market and certificate accounts online at any time. With the system’s workflow engine, lenders have a single platform that automates application processing activities across all consumer lending channels.
“Origence is dedicated to improving both the lenders’ user and borrower experience by using innovative technologies that leverage extensive marketplace research, needs, voice of the customer and data driven results,” noted Brit Barker, vice president of enterprise solutions at Origence. “We’re excited to be working with Park Community Credit Union to help them achieve their lending goals, and gain a true competitive edge in the marketplace, by leveraging our consumer LOS capabilities.”
Origence, a CU Direct Brand delivers the ultimate origination experience. For 25 years, we have helped lenders increase loan volume, create efficiencies, and fuel growth through our automotive, lending, and strategic solutions. Today, our next generation technology solutions and services span across indirect lending, consumer loan origination, digital retail, analytics, marketing and CRM, auto shopping, identity theft solutions, consulting, and outsourced loan processing. We help financial institutions optimize the customer experience, leveraging integrated solutions to bring efficiency, productivity, and profitability to lenders. Visit www.origence.com for more information.