Credit union books $1.6 million in loans using credit score solution
LINO LAKES, MN (October 13, 2021) — Sharetec System, one of the fastest growing core systems offering the technology of simplicity, announces Scott & White Employees Credit Union (SWECU) in Temple, TX, has experienced great success through Sharetec’s partnership and integration with SavvyMoney.
Celeste Kaylor, President/CEO of Scott & White Employees Credit Union comments, “The SavvyMoney solution provides users access to money-saving pre-qualified loan offers based on their credit score, simultaneously creating real-time targeted marketing lists for credit unions. SWECU is very pleased with the product and we have seen great successes! We have implemented marketing tools and promotional offers which have increased our loan applications and loan funding totals.” JB Orecchia, President and CEO of SavvyMoney, said, “We are thrilled that SWECU is seeing great results from our credit score product. A win-win for the member and the credit union!”
Sharetec’s partnership and integration with SavvyMoney is a solution that provides comprehensive credit score analysis, full credit reporting, monitoring, and personalized offers—all in one dashboard. With SavvyMoney your members will have instant access to their credit score, credit report, personalized money-saving offers, and financial education tips on how to improve their score. Deborah Resavage, VP of Sales, Sharetec System, comments, “We couldn’t be more pleased with the successful partnership that we have with SavvyMoney. This partnership provides our customers with best-in-class service and real results!”
To read the full success story, click here.
About Sharetec System
Sharetec, a provider of both service center and in-house core software solutions, delivers a return on investment (ROI), builds income streams and lowers operating expenses for over 250 credit unions. Since its establishment in 1993, Sharetec has grown steadily, welcoming over 50 new credit union clients in the past 3 years.
About Scott & White Employees Credit Union
Located in Temple, TX, Scott & White Employees Credit Union is a full-service financial institution with approximately 4,376 members and $65 million in assets.
SavvyMoney is an award-winning fintech company who works with over 700 financial institutions. SavvyMoney provides an integrated credit report and score solution right into financial institutions’ online and mobile banking. Customers get actionable advice about their credit score, report, and saving opportunities from pre-qualified loan offers. SavvyMoney’s analytics platform provides the financial institution with full visibility to users’ credit scores trends, wallet share analysis, and targeted lending campaigns.