Expanded Range of Lending Leads to CU’s Growth

MariSol Federal Credit Union needed to compete with the payday lenders who were contending for their member’s loans. “A wide range of our members were going to payday lenders,” Robin Romano, CEO of Marisol said. “They liked the no questions asked aspect of the loans and their speed.” MariSol Credit Federal Credit Union needed to come up with some magic of their own. By leveraging the power of their core system’s lending products, they were able to do exactly that.