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Article: Fourteen New Financial Institutions Purchase Lending Software from Open Solutions Inc.'s Lending Business Unit, Sound Software.
- Article from:
- Business Wire
- Article date:
- February 19, 2004
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Business Editors
SHELTON, Conn.--(BUSINESS WIRE)--Feb. 19, 2004
Lending systems' reliability and functionality credited for adoption
Open Solutions Inc.'s Sound Software business unit, a provider of total lending management and loan origination systems for banks and credit unions, announced that 14 financial institutions have selected one or more of its systems as their mortgage, consumer and commercial lending solution. Four of the new institutions are credit unions and ten are community banks.
Third Federal Bank in Newtown, Pa. purchased the complete suite of products from Sound Software. According to Kevin Roddy, vice president of ...