What's Happening?
The Atlantic Federal Credit Union in New Jersey has become the first credit union to implement the MANTL Loan Origination Platform for consumer loans. This adoption marks a significant step in digital lending transformation, offering a unified experience for loan and deposit account opening. The platform automates eligibility verification and membership enrollment, enhancing operational efficiency and customer experience.
Why It's Important?
The implementation of MANTL's platform represents a shift towards digital transformation in the credit union sector, aiming to streamline processes and improve customer service. By adopting advanced technology, The Atlantic FCU can offer faster and more efficient financial services, potentially setting a precedent for other
credit unions. This move highlights the increasing importance of digital solutions in the financial industry to meet evolving consumer expectations.
