Case Study: OnPoint Community Credit Union delivers PPP lending at scale with Q2 Lending

OnPoint Community Credit Union deploys 4,486 PPP loans in 4 days with Q2 Software

OnPoint Community Credit Union needed to improve its member experience and processing capacity for the second round of Paycheck Protection Program (PPP) loans after struggling with manual processes. The credit union turned to Q2 Software and its Q2 Lending solution to address this challenge.

Implementing Q2 Lending in just four days, OnPoint was able to deploy a fully digital system. This solution enabled the credit union to process 4,486 PPP loans totaling over $143 million, with an average loan size of $32,000. Q2 Software's platform provided the necessary automation and compliance support, leading to official recognition from the state for supporting local businesses and significantly deepening member relationships.

OnPoint Community Credit Union