BETHPAGE, N.Y.–FourLeaf Federal Credit Union has hit a “significant milestone in its national expansion strategy,” with the credit union reporting it has tripled its indirect lending originations and has grown from a single-state operation to an eight-state footprint.
The growth was enhanced by the engagement with Origence, helping FourLeaf Federal Credit Union to scale operations, streamline workflows, and maintain strong turn times, according to the company.
“From 2020 to 2024, FourLeaf achieved a 161% increase in indirect loan volume, a 255% surge in applications, and a 294% rise in the number of dealers funding loans,” Origence stated. “These results were accomplished with minimal additions to internal staffing, supported by Origence Lending Services’ business process outsourcing model, Origence CUDL indirect lending solutions, and innovative automation tools.”
FourLeaf also reduced funding turnaround times by 20%, improved look-to-book ratios by 28%, and expanded their leasing initiative with Credit Union Leasing of America (CULA), the Irvine, Calif.-based company added.
Attractive Leasing Program
“Our lease program was attractive to dealers, and with Origence’s assistance, we were able to sign these dealers and then expand the relationship as our retail loan program evolved,” Chris Walsh, VP of consumer lending product management at the $14-billion FourLeaf FCU said in a statement. “We finished 2024 with $650 million in originations. We’ve expanded from one state to eight. The numbers are tremendous.”
‘Powerful Example’
“FourLeaf Federal Credit Union’s success is a powerful example of what’s possible when innovation meets strategic engagement,” Tony Boutelle, CEO of Origence, said in a statement. “We’re proud to support their journey and help them scale nationally, streamline operations, and deliver quality service to members and dealers alike.”
According to Origence, FourLeaf’s success story is a “blueprint for credit unions navigating growth in a competitive lending landscape. By engaging with Origence CUDL and Origence Lending Services, FourLeaf transformed manual processes, gained real-time visibility into loan queues, and ensured consistent dealer satisfaction—even during peak periods,” the company said.
Origence said additional details on FourLeaf FCU and its success can be found here.
