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ORLANDO, Fla. -- Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology to the mortgage industry, announced at the MBA's National Technology in Mortgage Banking Conference & Expo that Tinker Federal Credit Union (TFCU) has successfully implemented Loan Producer(R), FICS' residential mortgage loan origination system, and Mortgage Servicer(TM), the company's residential mortgage servicing system. TFCU has assets of more than $1.3 billion and serves more than 175,000 members, making it the largest credit union in Oklahoma.

"The biggest benefit to our staff from Loan Producer and Mortgage Servicer has been increased automation," said Connie Weekley, vice president and manager of Mortgage Lending for Tinker Federal Credit Union. "FICS' systems provide functionality that enables us to automate many functions we have previously performed manually. Loan Producer and Mortgage Servicer drastically reduce the resources once needed to process and service loans, so we can focus more time and effort on our members."

In addition to Loan Producer and Mortgage Servicer, TFCU has also purchased and implemented FICS' Loan Accountant and Mortgage Accountant. Loan Accountant and Mortgage Accountant are subsidiary ledger packages that deliver automated capabilities in order to simplify accounting for the loan closing and servicing processes. Mortgage Accountant further automates daily cash book balancing and month-end reporting, showing the distribution and movement of mortgage funds, bank account histories and reconciliation, trial balances, P&I advances and recovery, and ACH distribution.

"FICS' origination and servicing systems offer the flexibility and capabilities that interface well with IPS Sendero," said Nicole Barkalow, business systems analyst for Tinker Federal Credit Union. "The accountant add-ons improve our efficiency by eliminating the need to total amounts manually and, instead, automatically calculate sums for Loan Producer and Mortgage Servicer."

"FICS has been able to help Tinker Federal Credit Union automate its origination, loan accounting and servicing processes to the benefit of both credit union employees and its members," said Dawn Gibbs, president of FICS. "With fewer necessary manual procedures as a result of our software solutions, Tinker Federal Credit Union has been able to redirect available resources to better increase internal efficiency and maintain its high level of member satisfaction."

About Tinker Federal Credit Union

Founded in 1946 by a group of Tinker Field civilian employees, Oklahoma City, Okla.-based Tinker Federal Credit Union (TFCU) was founded to provide a different way to save and borrow money, and now has grown into 15 full-service branches, four electronic branches and one Mobile Service Center. Today, TFCU has become the largest credit union in Oklahoma with assets exceeding $1.3 billion and serving more than 175,000 members including Tinker Air Force Base employees and employees of over 400 area companies. For more information, visit TFCU online at www.tinkerfcu.org.

About FICS

Founded in 1983 and headquartered in Dallas, Texas, Financial Industry Computer Systems, Inc. (FICS) specializes in providing flexible, comprehensive residential and commercial technology solutions to the mortgage industry. FICS' solutions are designed around the latest in Windows-based technology, while incorporating innovative imaging and Web-based capabilities into its full suite of products. Additional information about FICS is available via the company's Web site at www.loanware.com.