![](https://cdn.prod.website-files.com/633fdf42d08ecdc367bd8bce/66746675ed848db01c2c966f_Blog_Template_800x600_Farmers_Doc%20(1).png)
Intelligent Automation Helps Farmers Insurance FCU Increase Efficiency by 58%
With home equity lending demand on the rise, the FIGFCU team needed a technology partner to help keep pace with growing loan volume and the changing needs of the market.
Published
August 26, 2023
![](https://cdn.prod.website-files.com/633be3cfff2fb00c7336dbfa/634414bcd2b0c10644a4e07b_Hand-drawn%20arrow%20(1).png)
Farmers Insurance Federal Credit Union (FIGFCU) is a ~$1.5B in assets credit union, serving over 60,000 members. With home equity lending demand on the rise, the FIGFCU lending team needed a technology partner to help keep pace with growing loan volume and the changing needs of the market.
Since onboarding with Home Equity Express, FIGFCU has:
- Tripled their loan pull-through rate from 27% to 67%
- Shortened the lending cycle to 17 days on average
- Grew member satisfaction to 4.98 out of 5
Read more in our case study with FIGFCU →
Want more where that came from?
Sign up and stay up to date on all things Coviance and lending related.