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Article: Servus Credit Union Expands Covarity Implementation to Increase Business Banking Success; Canada's third largest credit union chooses Covarity commercial loan monitoring solution for province-wide implementation.
- Article from:
- Marketwire Canada
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KITCHENER-WATERLOO, ONTARIO, Nov 3, 2009 (Marketwire via COMTEX) -- Covarity Inc., the leading commercial loan monitoring and portfolio management solution provider, today announced that Servus Credit Union has chosen Covarity as the platform for commercial loan monitoring in its province-wide network of Business Banking Centres.
Servus Credit Union has been a Covarity customer since 2006 and last year became Canada's first province-wide credit union, with assets of $10B, through an amalgamation with Commonwealth Credit Union and Community Savings. Since implementing Covarity, Servus has seen significant improvements in the performance of its commercial credit ...