Together Credit Union Selects Empower, Black Knight's Loan Origination System, to Drive Growth and Streamline the Lending Process for Loan Officers and Members
Today, Black Knight, Inc. announced that Together Credit Union, a St. Louis-based credit union with 27 branches nationwide, has selected the Empower loan origination system (LOS) to help drive expected business growth and elevate the member experience.
"As a growing mid-size lender, we needed a loan origination system that could scale with our needs as our business expands," said Doc Dougherty, chief lending officer, Together Credit Union. "The suite of solutions fully integrated with Empower will be a game changer for how we do business, and the system's web-based portals will make the loan process even easier for both our loan officers and our members."
The Empower LOS offers a digital, "lights out" ecosystem built using cloud-based architecture to drive business growth while cutting operational costs. Together Credit Union has also selected a suite of integrated web-based origination solutions that will help the credit union better support members' home financing needs.
These additional offerings include an industry-leading product and pricing engine from Optimal Blue, a division of Black Knight; machine-learning technology for document classification and indexing; and a digital point-of-sale solution that enhances the mortgage application process for members and loan officers. Together Credit Union will also use Black Knight's digital close solution with eDelivery and eSigning capabilities; a home equity and regulatory assistance solution suite; tax and title services; professional flood zone determinations; and a comprehensive fee service to help mitigate fee cures.
"Empower is the right loan origination system to support Together Credit Union with building member relationships that last a lifetime," said Rich Gagliano, president of Origination Technologies at Black Knight. "By integrating multiple value-add solutions with Empower, Together Credit Union will be even better equipped to provide its members faster, easier access and advanced digital tools."