Customer Success Story

Modern, Streamlined, Digitally Integrated Experiences—MeridianLink® One


Headquarters: Charlotte, NC
Branch locations: 8
Members: 32,000+
Managed assets: $598 million

The Challenge

Creating A Fast & Efficient Loan Application Process For Members & Staff

Since 1934, Carolinas Telco Federal Credit Union (CTFCU) has been a pillar of trust in their community—proudly providing an extensive portfolio of financial products and services throughout the Carolinas. With a strong devotion to delivering an exceptional member experience, the credit union knew that evolving trends for rapid decisions and convenience meant it was time to optimize their digital lending experience—creating a fast and efficient loan application process for members and staff.

I recommend using multiple modules with MeridianLink® One because it opens you up to cross-sell. Cross-selling is one of the key features that we have found with MeridianLink One. If you’re opening an account, you can see what kind of loans they need, what do they have at other places, and what could they qualify for with you. That’s a huge benefit.

The Solution

MeridianLink® One

To truly deliver a streamlined, satisfying member experience, while also creating internal efficiencies, Carolinas Telco FCU was looking for an end-to-end solution that could automate their digital lending processes. The MeridianLink® One platform allowed the credit union to create a consistent digital experience across all loan and deposit account opening applications by implementing MeridianLink® Consumer, MeridianLink® Opening, and MeridianLink® Portal. CTFCU also added services within MeridianLink® Consulting to improve performance, monitoring, and compliance using interactive data analytics and reporting.


Optimized products & performance through consolidated lending and account opening workflows, and flexible, automated decisioning.

Interactive analytics enable the credit union to use advanced reporting to make faster, data-centric decisions.

Intelligent cross-sell capabilities streamline communications to members, providing opportunity for more profitable member relationships.

The Results

Internal Efficiency, Growth, & Happy Members

Since implementing the MeridianLink One end-to-end digital platform, Carolinas Telco Federal Credit Union has been able to boost loan volume and create a simpler, more straightforward staff and member experience. The powerful capabilities of auto-decisioning, combined with data-driven workflows provides the credit union with a more robust picture of their member relationships and opportunities to deepen those relationships with existing members.

Integrating MeridianLink Consumer to the single sign-on within their online banking platform led to 49% of applications coming in through this channel and an uplift in loan volume of just over $100 million.

CTFCU also added automated action emails to their digital application experience. This allowed the credit union to easily request relevant documentation when members apply for a new loan or membership and enhanced the process for members, providing them a central location to upload required documents and follow the status of their applications. The automated emails improved processing times on all application types and helped to streamline overall communication with members. This efficiency gain helped reduce consumer loan application processing times to an average of 1 ½ days and HELOC processing times reduced to an average of 3 ½ days. And with the built-in cross-sell capabilities, Carolinas Telco FCU can efficiently notify members when they qualify for additional lending options based on their accounts and other relevant data.

And after the implementation of the MeridianLink® Reveal Pro and Custom Scorecards, Carolinas Telco Federal Credit Union will have the tools to better understand its member relationships and continue enhancing their auto-decisioning capabilities.

Carolinas Telco Federal Credit Union Saved Time Without Sacrificing Security