CASE STUDY SECURITYPLUS FCU Securityplus FCU Increases Monthly Loan Volumes by 25% and Reduces Time to Close by 16 Days with Encompass The challenge Securityplus Federal Credit Union (FCU) was founded in 1938 to serve the financial needs of employees of the Social Security Administration. Today, it’s one of the largest credit unions in the state of Maryland, now chartered for a membership that includes anyone who lives, works, worships, or attends school in the city of Baltimore. Although Securityplus had offered mortgages for a decade, until recently, it wasn’t a well-known service. If a member was interested, he or she could print out an application and either bring or email it to the institution. The loan officer would then enter the information into their loan originatio

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