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Intelligent Automation Helps Farmers Insurance FCU Increase Efficiency by 58%
With home equity lending demand on the rise, the FIGFCU team needed a technology partner to help keep pace with growing loan volume and the changing needs of the market.
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Farmers Insurance Federal Credit Union (FIGFCU) is a ~$1.5B in assets credit union, serving over 60,000 members. With home equity lending demand on the rise, the FIGFCU team needed a technology partner to help keep pace with growing loan volume and the changing needs of the market.
Since onboarding with Home Equity Express, FIGFCU has:
- Tripled their loan pull-through rate from 27% to 67%
- Shortened the lending cycle to 17 days on average
- Grew member satisfaction to 4.98 out of 5
Read more in our case study with FIGFCU -->
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