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SAS Helps Wescom Credit Union Forecast Potential Portfolio Losses and Save Millions

Date Added: Oct 2010
Format: PDF

A leading credit union, Wescom serves more than 275,000 members and has more than $2.5 billion in assets. Wescom Credit Union wanted to focus on credit risk, meet regulatory requirements, improve performance and protect against credit losses. To master these challenges Wescom chose SAS Institute. Wescom deployed SAS for credit risk modeling, forecasting and scorecards including SAS Forecast Server and SAS Forecast Studio. With these solutions Wescom were able to save millions in charge-offs, reduced risk and improved business performance with greater accuracy in lending decisions; rapid deployment meant faster ROI.