Intelligence

Client Spotlight: Titan FCU Dramatically Improves Financial Performance

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Titan Federal Credit Union ($48mm) of Pleasant Gap, Pennsylvania, needed to improve its financial performance. Investing excess share-deposits into Permissible Investments was simply not going to provide the return the credit union needed to serve its members. Josh Vlajic, CEO of Titan, investigated his options and concluded that purchasing loan participations was the right solution to create the required return and improve their financial performance.

After researching all of their loan participation options, Josh determined that “LoanStreet’s
simplicity and service beats all other providers. LoanStreet’s monthly participation reports
are both detailed and easy to follow. The LoanStreet team is very insightful and understood
what our credit union needed to accomplish.”

The results were dramatic. Through the end of 2017, Titan earned an additional $67,950
in interest income from its loan purchases through LoanStreet. “With this additional interest
income, our ROA grew to .77% by the end of 2017, from 0.49% in Q1 2017. I would
recommend LoanStreet to any credit union looking for loan participations!”

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