Farmers Insurance Federal Credit Union Grows Loans by 425%

Farmers Insurance Federal Credit Union saw loan growth from $62 million to $268 in one year thanks to Coviance.

Coviance
Published
November 20, 2023
Table of contents

Manual application processing was causing members of Farmers Insurance Federal Credit Union to complain about slow turnaround times, long hours, and delays. Farmer’s turned to the Coviance platform to:

  • See loan growth from $62 million to $268 million in one year
  • Experience excellent customer support
  • Receive impeccable training

About Coviance

Coviance transforms how community banks and credit unions elevate the borrower experience, accelerate loan origination, and simplify operations and compliance management. By harnessing intelligent automation, lenders boost productivity, increase loan volume, and elevate experiences across the entire lending process. Contact us today to explore how you can achieve similar success.

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