2 CUs Select Rate Reset

McLEAN, Va.--Rate Reset, the provider of loan reset, acquisition and retention software for mortgages and auto loans, said that two more credit unions have signed on to offer its Rate Reset product: Congressional Federal Credit Union and SECU of Maryland.

“We continually strive to provide our members with innovative solutions that bring real value to them,” said Charles A. Mallon, Jr., CEO of Congressional FCU in a statement. “Rate Reset’s LoanGEN tool puts our members in control of their auto finances, allowing them to lower their monthly auto payments in a way that is simple, easy and convenient. We believe this is real value.”

“Our members are in the forefront with every decision we make,” said Kevin Kesecker, Vice President and Chief Lending Officer, of SECU. “Offering the Rate Reset products for mortgage and auto loans, which provides our members with a simple and convenient way to reduce their monthly payment and/or extend their term, is very powerful.”

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