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Affinity Credit Union Selects Teres Solutions for its Indirect Lending Software Provider
AUSTIN, Texas – August 22, 2003 – Teres Solutions is pleased to announce that Affinity Plus Federal Credit Union of St. Paul, Minnesota has selected our company to be its indirect lending software provider. Affinity Plus plans to install Teres Solutions' Software Application for Indirect Lending (SAIL) product in September of 2003.
"We feel that Teres Solutions" SAIL software program can help us streamline our indirect lending process and greatly increase our efficiency," said Mr. Keith Malbrue, chief information officer for Affinity Plus Federal Credit Union. "Teres Solutions understands what a credit union"s needs are with regard to the overall indirect lending process and has provided a comprehensive software solution that is unparalleled in the industry."
Mr. Bruce Callen, president of the Austin, Texas-Teres Solutions, Inc., said "We are pleased to have Affinity Plus join our growing list of business partners, and we look forward to helping them achieve all of their lending goals."
About Affinity Plus Federal Credit Union
The Saint Paul, Minnesota-based Affinity Plus Federal Credit Union has approximately $860 million in assets and produced $78 million in indirect loans in the first half of 2003. Affinity has 20 branches located throughout Minnesota and serves over 117,000 members in 17 different municipalities.
About Teres Solutions, Inc.
Austin, Texas-based Teres Solutions Inc. (TSI) was founded in 2002 for the express purpose of assisting credit unions with their lending software needs. 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.
Teres Solutions" SAIL program brings a level of automation to the indirect lending process that has not been available in the past. The program interfaces with a credit union"s core data system to provide instantaneous information about the loan applicant"s statistical data and loan history. In addition, the program automatically pulls credit reports, generates reports, complies, and streamlines lender/auto-dealer communications.
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
"We feel that Teres Solutions" SAIL software program can help us streamline our indirect lending process and greatly increase our efficiency," said Mr. Keith Malbrue, chief information officer for Affinity Plus Federal Credit Union. "Teres Solutions understands what a credit union"s needs are with regard to the overall indirect lending process and has provided a comprehensive software solution that is unparalleled in the industry."
Mr. Bruce Callen, president of the Austin, Texas-Teres Solutions, Inc., said "We are pleased to have Affinity Plus join our growing list of business partners, and we look forward to helping them achieve all of their lending goals."
About Affinity Plus Federal Credit Union
The Saint Paul, Minnesota-based Affinity Plus Federal Credit Union has approximately $860 million in assets and produced $78 million in indirect loans in the first half of 2003. Affinity has 20 branches located throughout Minnesota and serves over 117,000 members in 17 different municipalities.
About Teres Solutions, Inc.
Austin, Texas-based Teres Solutions Inc. (TSI) was founded in 2002 for the express purpose of assisting credit unions with their lending software needs. 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.
Teres Solutions" SAIL program brings a level of automation to the indirect lending process that has not been available in the past. The program interfaces with a credit union"s core data system to provide instantaneous information about the loan applicant"s statistical data and loan history. In addition, the program automatically pulls credit reports, generates reports, complies, and streamlines lender/auto-dealer communications.
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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