“UniWyo FCU strives to be a trusted financial advisor to our members.” said Larry Knopp, CEO of UniWyo FCU “A product that allows our members to customize an auto loan to meet their individual financial need contributes to that trust."
McLean, VA (PRWEB) April 06, 2016
Rate Reset, the provider of Loan Reset, Acquisition and Retention Software, today announced that UniWyo Federal Credit Union has agreed to license its LoanGEN and Rate Reset software for auto loans. UniWyo Federal Credit Union, headquartered in Laramie, WY, has over 24,000 members and $275 million in assets. The agreement with Rate Reset provides UniWyo Federal Credit Union with a simple, easy and attractive digital solution to generate and retain more loans.
LoanGEN is a web‐based automated loan acquisition tool that allows credit unions to acquire existing auto loans from other financial institutions. The opportunity for the credit union is to generate auto loan leads with a powerful tool designed to increase the credit union’s loan portfolio. For credit union members, the partnership provides a simple and convenient way to shop, switch, and save on their auto loans, online or mobile. Rate Reset for Auto loans enables a member to reset their loan without the cost and hassle of refinancing. For the credit union, Rate Reset automates loan retention so the credit union can focus on generating new business.
“UniWyo Federal Credit Union strives to be a trusted financial advisor to our members.” said Larry Knopp, President and CEO of UniWyo Federal Credit Union. “A product that allows our members to customize an auto loan to meet their individual financial need contributes to building that trust. We are pleased to offer the Rate Reset products to our members.”
“Our Rate Reset products are excellent tools for credit unions to acquire and retain more automobile loans.” said Bob Catalanotto, co-founder and COO of Rate Reset. “We are delighted that UniWyo FCU recognizes the benefits of our products and especially please that we are able to expand our presence in the western United States through our partnership with them.”
About UniWyo Federal Credit Union:
Founded over 60 years ago, UniWyo FCU has been diligently serving the Laramie Community. Started by nine University of Wyoming employees with $45 in assets, UniWyo FCU has grown into a premier financial institution with over 24,000 members and over $275 million in assets, with the availability of products and services matching those of the institutions triple their size. For more information about UniWyo FCU, visit http://www.uniwyo.com.
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.