Rate Reset Products Coming to the West Coast

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America’s Credit Union First to Offer Loan Acquisition and Retention Software on the West Coast

"We are delighted to be the first credit union in the western United States to offer these products.” Kenneth Leonard, President and CEO America's Credit Union

Rate Reset, the provider of Loan Reset, Acquisition and Retention Software, today announced that America’s Credit Union has agreed to license its Rate Reset and LoanGEN software for auto loans. America’s Credit Union, headquartered in DuPont, WA, has over 42,000 members and $523 million in assets. The agreement with Rate Reset provides America’s Credit Union with a simple, easy and attractive online and mobile tool to generate more loans and retain existing loans.

  •     WHAT IS RATE RESET™? Rate Reset software enables a member to reset their loan without the cost and hassle of refinancing. For America’s Credit Union, Rate Reset automates loan retention so the credit union can focus on new business.
  •     WHAT IS LoanGEN? LoanGEN is a secure web-based automated loan generation tool that allows America’s Credit Union to acquire existing auto loans from other financial institutions.

“America’s Credit Union continually strives to offer its members products and services that are unmatched by our competition.” said Kenneth Leonard, President and CEO of America’s Credit Union. “We believe the Rate Reset products are consistent with this effort and we are delighted to be the first credit union in the western United States to offer these products.”

“We are very pleased to have our products offered by a well regarded and forward looking west coast credit union.” said Keith Kelly, co-founder and CEO of Rate Reset. “We are having great success with many credit unions on the east coast. We now expect to mimic that success on the west coast and look forward to a mutually beneficial relationship with America’s Credit Union.”

About America’s Credit Union:
America’s Credit Union is a member controlled, not-for-profit financial cooperative where earnings are returned to members in the form of lower loan rates, lower fees and higher interest earned. America’s Credit Union, headquartered in DuPont, WA was established in 1954 and was founded at Joint Base Lewis McChord as Fort Lewis Credit Union in Washington state. For more information about America’s Credit Union, visit youracu.org.

About Rate Reset:
Named by American Banker’s Bank Technology News (BTN) as "One of the Top Ten Technology Companies" to watch, Rate Reset provides innovative Loan Acquisition, Retention and Reset Software (LRS™) to banks, credit unions and mortgage companies. The company’s software provides a borrower-initiated interest rate-resetting loan feature that is an alternative to the traditional refinance for both mortgages and auto loans. For more information on Rate Reset visit http://www.RateReset.com.

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Keith Kelly
Rate Reset
+1 (703) 926-8626
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