Kingston, 12401, NY,
United States
Ulster Federal Credit Union Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Ulster Federal Credit Union and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 32 Ulster Federal Credit Union employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Ulster Federal Credit Union has purchased the following applications: LendKey Home Improvement Loans for Loan Management in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Ulster Federal Credit Union is running and its propensity to invest more and deepen its relationship with LendKey Technologies or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Ulster Federal Credit Union revenues, which have grown to $5.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Ulster Federal Credit Union intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| LendKey Technologies | Legacy | LendKey Home Improvement Loans | Loan Management | ERP Services and Operations | n/a | 2018 | 2018 | In 2018, Ulster Federal Credit Union implemented LendKey Home Improvement Loans in the Loan Management category. The LendKey Home Improvement Loans program is reported to have generated a $6.1M home improvement order and to have increased the credit union's loan-to-share ratio and interest income while maintaining low losses, with operations concentrated in the United States. The case study frames the deployment as streamlining origination and servicing processes for home improvement financing. Implementation signals indicate the deployment used core Loan Management capabilities, including online loan origination, point-of-sale financing workflows and end-to-end loan servicing. The case study language supports inferred use of originations at point-of-sale through LendKey's contractor network, coupled with servicing lifecycle management and documentation generation typical of Loan Management applications. Configuration emphasis appears aligned to community credit union retail lending needs and consumer underwriting workflows. Operational coverage affected lending operations, member-facing channels and finance functions responsible for balance sheet and interest income management. Integrations described focus on point-of-sale connectivity to LendKey's contractor network, enabling contractors to initiate loan applications and streamlining submission into Ulster Federal Credit Union's underwriting and servicing pipeline. Governance adjustments centered on aligning servicing workflows and operational procedures to the platform, supporting streamlined operations and sustained low loss rates as noted in the case study. |
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