Memphis City Employees Credit Union
Trellance Helps Credit Union Achieve 16% Loan Growth
Memphis City Employees Credit Union turned to Trellance for loan portfolio assistance, and, with their help, saw their loan-to-share ratio grow from 54% to almost 70%. With their dynamic Multi-Dimensional Loan Portfolio Analytics Platform, Trellance was able to help Memphis monitor their loans, identify potential risks and implement the Financial Accounting Standards Board’s Current Expected Credit Loss (CECL) standard.
Memphis’ partnership with Trellance aided not only in overall loan growth, but also in the protection of investments and meeting the standards required of all credit unions.
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“Trellance has worked with us to meet our needs. The responsive and dynamic working relationship with Trellance’s personnel, along with the ability of the product to be customized and updated as business needs change, is what makes Trellance the right fit for us.”
Nathan Stevens, CPA
Chief Financial Officer, Memphis City Employees Credit Union