MCLEAN, Va., May 2, 2019 /PRNewswire-PRWeb/ -- CU RateReset, a CUSO which provides an award-winning digital platform called KNOCK KNOCK, today announced that Y-12 Federal 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.
"Y-12 Federal Credit Union is a very innovative financial institution which is why the KNOCK KNOCK platform is a great addition to their robust lending process," said Keith Kelly, Co-founder and Chief Executive Officer, CU RateReset.
"The KNOCK KNOCK platform at CU RateReset will allow us to take our WOW member experience mission to the next level," said Emily Gibson, Director of Consumer Lending, Y-12 Federal Credit Union. "We are very excited about this new partnership and look forward to using the KNOCK KNOCK platform with our members."
About Y-12 Federal Credit Union:
Y-12 Federal Credit Union began in 1950 as the vision of a small group of employees at the Union Carbide Y-12 Plant. From a modest beginning, we now serve over 119,000 members as a full service financial institution. At Y-12 Federal Credit Union, we believe that the more business a member does with the credit union, the more benefits he or she should receive. That's why we offer Relationship Rewards - a program that offers you incentives you can actually use just for having a relationship with us. For more information visit http://www.y12fcu.org.
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 visit http://www.CURateReset.com.
SOURCE CU RateReset
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