Coming soon • Mobile & Online
Loan payment improvements for credit unions
We’re excited to announce a collection of long-awaited updates to loan payments for our credit union customers. We'll soon enable the ability to make principal-only loan payments, allowing your members to decide whether they are making a regular payment or an additional principal payment. Loan payment transfers will also be limited to the balance of the loan, limiting the ability for overpayment. Behind the scenes, we’ll also be updating the transfer type from a share transfer record to a loan transfer record. This will allow your support teams to view, create, and revise off-cycle and automatic loan transfers.
We will be working to finalize all operational elements and then will be enabling for all of our credit union customers. No need for a support case, we’ll let you know when this is complete!