Lending Solutions Expands Florida Credit Union Customer Base with Addition of Three New Clients


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ELGIN , Ill. , June 22 , 2006 – Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions across North America , has expanded its Florida credit union customer base with the addition of three new customers: Eastern Financial Florida Credit Union ( Miramar , Fla. ), Florida Credit Union ( Gainesville , Fla. ) and MacDill Federal Credit Union ( Brandon , Fla ).

Eastern Financial Florida Credit Union is the largest credit union in Florida , and currently has $2 billion in assets and 204,000 members. Florida Credit Union has $295 million in assets and over 40,000 members, while MacDill Federal Credit Union has $1.6 billion with approximately 173,000 members. Lending Solutions’ Florida presence now includes 16 credit union clients totaling $7.2 billion in assets.

Lending Solutions provides 24/7 lending and deposit services to financial institutions. The company’s trained staff process loan applications in a manner that mirrors the guidelines of specific credit unions, banks and mortgage companies. Lending Solutions also provides services and programs that assist institutions to maximize loan closures, including the recently announced WebClose feature, an interactive Web-based system that enables borrowers to communicate directly with loan processors during the origination of loans.

“We are proud to serve the members of Eastern Financial Florida Credit Union, Florida Credit Union and MacDill Federal Credit Union,” said Lee Kolquist, president of Lending Solutions. “By acting as an extension of these credit unions’ lending departments, we enable them to focus more resources to further enhance member services.”