News : Coastal Community Credit Union Chooses CUMIS as its Creditor Insurance Partner
Nanaimo, BC, February 1, 2016 -- Coastal Community Credit Union (CCCU) has partnered with CUMIS to provide creditor insurance for its members on all types of debt, from small loans to large mortgages. As part of this initiative, CCCU has also chosen the Doxim Loans Origination platform to provide enhanced loan processing services to its members.
Coastal Community Credit Union and its family of companies – Coastal Community Insurance Services (2007) Ltd. and Coastal Community Financial Management Inc. – provide a full range of financial products and services.
Said Adrian Legin, CCCU President and CEO, "We knew we wanted to find partners who could meet the current and future needs of Coastal Community Credit Union in order to support our core member lending experience and growth projections. We’re excited to enter into partnerships with CUMIS and Doxim as they each excel in their respective industries. We trust these partnerships will provide long term strategic and financial strength that aligns with Coastal Community Credit Union’s goals to significantly improve the lending experience for both our employees and our members."
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"We’re very excited to have the opportunity to partner with Coastal Community to help ensure that its members have access to simple and affordable creditor insurance that protects them and their loved ones from the unforeseen," said Bob Hague, President, Credit Union Distribution at CUMIS.
Coastal Community will also implement a new loans origination platform from Doxim with integrated e-signature support, allowing them to move towards true, end to end, paperless loan processing.
"Doxim’s latest SaaS-based loans origination platform is designed to increase the overall velocity of loan origination, reducing time to loan approval," said Chris Rasmussen, President and CEO at Doxim. "This provides for a greatly enhanced member experience and drives significant improvements in lending staff efficiency."
Laura Collins, Editorial Management
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Doxim is a provider of SaaS-based customer engagement solutions for credit unions, community banks and wealth management firms. Doxim’s Customer Engagement Platform helps financial institutions transform their customer experience, communicate more effectively throughout the customer lifecycle, and improve cross-sell and upsell activities that drive increased wallet share.
Financial services provider to Canadian credit unions, caisses populaires, other financial co-operatives and their members.
Published: Thursday, February 4, 2016
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