MCLEAN, Va., Feb. 13, 2019 /PRNewswire-PRWeb/ -- CU RateReset, a CUSO which provides an award-winning digital platform called KNOCK KNOCK, today announced that Seattle Credit Union has agreed to license the KNOCK KNOCK platform. The platform assists credit unions with loan retention, loan reset, loan generation, loan recapture and digital pre-approvals. Each solution is designed to enhance the member experience and assist the credit union in its digital transformation strategy. The Pre-Screen tool on KNOCK KNOCK gives credit unions FinTech lending capability with no applications.
"We are thrilled that Seattle Credit Union has become a part of the CU RateReset family of credit unions, and their involvement and exciting digital strategy will not only benefit their members and the credit union, but will help the overall industry as credit unions face the challenges of digital transformation." said Keith Kelly, Chief Executive Officer, CU RateReset. "We want to be the new norm for credit union banking. The hundreds of member surveys, millions saved in back office cost and positive ROI tells us that we are on the right path to accomplish this goal."
"CU RateReset provides us with digital solutions that will help streamline the member experience of retaining and recapturing loans," said Lee Pierce, Senior Vice President Lending, Seattle Credit Union. "This is an important part of building relationships with our members."
About Seattle Credit Union:
Seattle Credit Union's mission is to provide trusted financial advice, a breadth of products, and premium, personalized services from a credit union that re-invests in its members and the local community. Founded in 1933 as the official credit union for the municipal employees of the City of Seattle and their families, Seattle Credit Union has expanded its charter to serve anyone who lives or works in Washington. Seattle Credit Union is federally insured by the National Credit Union Administration and is an Equal Opportunity Lender. For more information, visit http://www.seattlecu.com
About CU RateReset:
CURateReset is a CUSO that offers award winning products that allow the member to be in control of what have historically been routine administrative tasks that are time consuming for both front line and support staff. Both Reset Auto and Reset Mortgage, products successfully tested and adopted in the market, allow a member to reset the term of an existing auto loan, personal loan or mortgage based on credit union criteria. The software promotes loan retention at a very low cost, and provides a member with a favorable view of the member advocacy of the credit union. The Digital Pre-Approval Solutions make it simple and fast for a credit union to acquire or recapture member automobile loans, mortgage loans, personal loans and credit cards. For more information on CURateReset visit http://www.CURateReset.com.
SOURCE CU RateReset
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