APGFCU to Offer Rate Reset Products to Credit Union Members
McLean, VA (PRWEB) March 15, 2016 -- Rate Reset, the provider of Loan Reset, Acquisition and Retention Software, today announced that APGFCU has agreed to license its Rate Reset™ and LoanGEN™ products for auto loans. APGFCU, headquartered in Edgewood, MD, has over 115,000 members and $1.08 billion in assets. The agreement with Rate Reset provides APGFCU with a simple, easy and attractive online and mobile tool to generate and retain more loans.
• WHAT IS RATE RESET™? Rate Reset enables a member to reset their loan without the cost and hassle of refinancing. For the credit union, Rate Reset automates loan retention so it can focus on new business.
• WHAT IS LoanGEN™? LoanGEN is a secure web-based automated loan generation tool that allows the credit union to acquire existing mortgages, auto loans and personal loans from other financial institutions.
“APGFCU is a highly regarded credit union located in our own backyard and a member of the MDDC Credit Union Association, who is a strategic partner of ours.” said Bob Catalanotto, Co-founder and COO of Rate Reset. “We are delighted to have APGFCU as our latest client.”
About APGFCU:
Organized in 1938 to address the needs of military families at Aberdeen Proving Ground, APGFCU serves more than 115,000 members and has more than $1 billion in assets. The credit union is a financial cooperative and is committed to building members’ wealth. Membership is open to everyone who lives, works, worships, volunteers or attends school in Harford or Cecil counties. APGFCU is not-for-profit and member-owned. Eleven branches and two loan centers are located in Harford and Cecil counties. For information: 410-272-4000 or APGFCU.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.
Keith Kelly, Rate Reset, http://www.ratereset.com, +1 (703) 926-8626, [email protected]
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