Symitar, a division of Jack Henry & Associates, has introduced CruiseNet, the next generation of its Cruise core platform.
New features provided by CruiseNet include integrated loan collections, relationship pricing, risk-based lending and loan decisioning, accounts payable, fixed asset accounting, and customized workflow options for new members, new accounts and new loans.
As part of the improved user workflow, tasks such as membership and loan applications can be completed in minutes, without toggling between screens.
The Cruise core platform is designed for smaller to midsized-asset credit unions. It is available for in-house installation or implementation in a service bureau environment, making it possible for credit unions to meet their business needs regardless of available information technology resources.
A U.S. District judge Monday dismissed three lawsuits--including one by the National Credit Union Administration--brought against U.S. Bank National Association and Bank of America, National Association regarding their duties as trustees of residential mortgage-backed securities.