Alaska USA Federal Credit Union (FCU) is in production with Metavante's Loan Origination System (LOS) point-of-sale solution for its mortgage operations. Alaska USA FCU, headquartered in Anchorage, is one of the top 10 credit unions in the U.S. and the largest financial institution in Alaska, with $2.8 billion in assets.
Alaska USA FCU is using the Web-based LOS solution to automate its mortgage loan origination process. Metavante says its technology solution provides real-time product eligibility, pricing and underwriting decisions at the point-of-sale. An integrated third-party platform also provides self-service capabilities, such as ordering credit, automated underwriting, flood insurance, appraisals and more.