Data & Analytics

09:46 AM
Connect Directly
RSS
E-Mail
50%
50%

U.S. Bank Picks CCS for Construction Budget Monitoring

Minneapolis-based U.S. Bank selected the construction budget monitoring module from Custom Credit Systems (Richardson, Texas) to support its commercial real estate lending business. CCS provides credit processing and maintenance systems for small business and commercial loan processing.

CCS' construction budgeting software is designed to manage the lifecycle of construction lending projects as part of the company's straight-through processing strategy. It tracks the budget line items, draws/disbursements, available funds per budget line item, collateral lot tracking and release, payments received, inspections tracking, host system integration and reports.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.