Cleveland Selfreliance Federal Credit Union said it has converted to the XetusOne Loan Management System, using it as an online mortgage origination platform.
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XetusOne, a product of the company of the same name, claims to eliminate large upfront costs, per-seat or per-user fees, and annual maintenance charges, allowing CUs, regardless of asset size, to adopt an LMS, as opposed to using traditional server-based software.
Cleveland Selfreliance is an $80 million credit union that focuses on the Ukrainian-American population in the metropolitan Cleveland area. Xetus is based in Palo Alto, Calif.
