Case Study: Beacon Credit Union boosts consumer lending and speeds loan processing with Finastra LaserPro and DecisionPro

Beacon Credit Union cuts loan processing to 30 minutes and lifts consumer lending 9% with Finastra

Beacon Credit Union, the largest agricultural lending credit union in the United States, sought to grow its consumer lending business and attract new members. To meet this challenge, the credit union turned to vendor Finastra and implemented its LaserPro and DecisionPro lending solutions.

Finastra's solution streamlined the credit union's lending processes and enhanced the member experience. By implementing LaserPro and DecisionPro, Beacon Credit Union reduced its loan application processing time to just 30 minutes and increased its consumer lending by 9% over a four-year period. The integration also strengthened regulatory compliance and allowed staff to focus more on member service.

Beacon Credit Union