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Industry News
07/01/08
CRIF Acquires Teres Solutions as Part of Continued Global Expansion

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3/5/08
Austin Credit Union, Vendor Fight Credit Crunch with Software

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1/29/08
Teres Solutions Customer Base Grows by 25 Percent

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9/21/07
Teres Solutions Inks New Customer Deals with Top Credit Unions

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Two of the top 10 fastest credit unions in auto loan growth are Teres Solutions customers using SAIL.
AUSTIN, Texas – May 8, 2003 – A list showing the top-ten credit unions with over $50 million in assets that had the greatest automobile loan growth in the first quarter 2003 was released by Callahan & Associates' First Look Program. The list included two credit unions who recently implemented Teres Solutions, Inc.'s SAIL program. Credit Union of Texas was ranked number two on the list with a reported growth of 21.47%. Velocity Credit Union was ranked 7th on the list with a reported growth of 11.56%. The list was prepared using data collected from 607 credit unions nation-wide. The full report can be found here.

Teres Solutions' Software Application for Indirect Lending (SAIL) allows credit unions to streamline indirect lending decisions by interfacing with their core system (NO MORE RE-KEYING OF DATA), automatically pulling credit reports, reviewing the applicant's loan history, searching OFAC reports, and much more. By using SAIL, a credit union will be able to increase revenue through improved dealer relations and increased opportunities to cross-sell products. SAIL's robust reporting system allows a credit union to create and generate its own reports and provides a complete audit trail for every loan.


 

About Teres Solutions, Inc.
Teres Solutions, Inc. was founded in 2002. TSI worked closely with credit unions in the development of an indirect lending software program that could seamlessly integrate with their ULTRADATA® system and automatically carry out many of the lending steps that were being performed manually. TSI's principals have an average 17 years of experience helping credit unions and other large corporations with their software needs. They are committed to ensuring that the TSI products are the "Best in the Field" and will work tirelessly to ensure your success.

For information: http://www.teressolutions.com or Contact: info@teressolutions.com
Phone: 512-218-4200


 

Contact:
Mr. Steve Maloney
Teres Solutions, Inc.
13915 Burnet Rd., Ste. 202
Austin, Texas 78728 (512) 218-4200
(512) 218-4213 fax
steve.maloney@teressolutions.com
info@teressolutions.com





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