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Today, credit unions are met with numerous issues and challenges, but the opportunities for growth are still there. And with Cypress software solutions, like Mark IV, you can take full advantage of them—faster and easier than ever before.
So forget the mundane manual processes of yesteryear, and turn to automated technology that will bring speed and consistency to your consumer lending, while maintaining the quality service and personal touch that your members have come to expect.
Our Mark IV consumer loan processing software takes the guesswork out of the loan application process, empowering your organization with the same high-impact technologies enjoyed by the largest banks. It manages the entire consumer loan process, from initial entry of customer information through the review process and new account setup – faster than ever before.
Get loans right. Every time. Mark IV empowers your lending process.
- Based on your credit union’s policies, Mark IV can automatically approve or decline a majority of loan requests
- When manual decision-making is required, Mark IV will quickly guide your team members through the process
- With Mark IV, providing the decision support, member service representatives can handle loan requests previously routed to underwriters, while ensuring lending policies are followed by all team members
Build relationships, not delays. In the past, it took up to 24 hours to close a simple consumer loan. With Mark IV consumer loan processing software, the application time shrinks—dramatically:
- Members go from application to document preparation in just minutes
- Team members spend more time learning about a member’s banking needs and less time pushing paper
- When needed, employees have access to more knowledge and additional availability for manual decision-making
Cross sell for more loans. With Mark IV mortgage and consumer loan processing software, every application becomes an opportunity for cross selling:
- Your institution has more channels to profit from, including Web applications, call centers and branch-center kiosks
- More product offers are also possible because you can sell products that would otherwise be unavailable in your existing environment
Make technology work for you. Built on a proven Microsoft platform, Mark IV mortgage and consumer loan processing software takes the mystery out of lending:
- The user-friendly interface is embraced by employees with all levels of experience
- The Solution can exist entirely behind your firewall, or it may be provided as a service through a secure Internet connection
