$5B Credit Union Expects New Digital Platform Will Enhance Efficiency And Save Costs
Blue Sage Solutions, LLC, developers of a browser-based, end-to-end cloud-based platform, reported that Service Credit Union, a $5 billion credit union serving members around the world, went live on the Blue Sage Digital Lending Platform, including a full-functional point of sale (POS), loan origination system (LOS), and document management solutions. Service CU expects to improve their members’ experience, streamline mortgage origination processes, and create significant cost savings.
The Blue Sage Digital Lending Platform is a modern and flexible system that automates the loan origination process from application to post-closing. The platform was designed to be highly configurable, allowing Service CU to tailor it to their specific needs and requirements.
The implementation of the Blue Sage Digital Lending Platform was completed in under 120 days. This quick implementation time was made possible by the platform’s cloud-based architecture and modular design, which enables easy integration with other systems for faster deployment.
“We are thrilled to have gone live on the Blue Sage Digital Lending Platform,” said Michael Mulhern, Assistant Vice President of Real Estate Lending at Service CU. “The platform’s modern technology and automation capabilities will enhance our operational efficiency and enable us to better serve our members by delivering faster turnaround times and a more seamless mortgage experience.”
The Blue Sage Digital Lending Platform offers a range of benefits, including a streamlined and paperless mortgage application process, faster underwriting and closing times, and reduced loan processing costs. The platform also provides advanced automation capabilities to eliminate errors, giving Service CU more time to focus on the needs of their members.
“We are proud to partner with Service Credit Union and help them achieve their lending goals,” said Carmine Cacciavillani, founder and president of Blue Sage Solutions. “Our platform was designed to deliver the scalability and flexibility that financial institutions need to compete in today’s digital world, and we look forward to continuing to support Service Credit Union’s growth and success.”
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