Purdue Federal Credit Union Embraces Next-Generation Lending Technology to Enhance Efficiency, Streamline Workflows, and Elevate Member Experience.
DENVER; APRIL 10, 2025 – Purdue Federal Credit Union (Purdue FCU) has selected MCP Essentials by Mortgage Cadence, a subsidiary of Accenture (NYSE: ACN), as its Loan Origination System (LOS). MCP Essentials is a next-generation lending platform designed to drive efficiency, enhance workflows, and redefine the member experience. This strategic move underscores Purdue FCU’s commitment to innovation and operational excellence in financial services.
“We are thrilled to welcome Purdue Federal Credit Union to MCP Essentials,” said Pedro Garcia, CEO of Mortgage Cadence. “This transition is more than just a technology upgrade - it’s a commitment to creating a more streamlined, efficient, and connected lending experience. By consolidating their operations onto a single, modern platform, Purdue FCU is embracing innovation that will improve member engagement and set new standards for lending excellence.”
Purdue FCU views this transition as a pivotal step forward, particularly in leveraging MCP Essentials’ expansive capabilities. The platform’s intuitive design enables seamless access across all devices, removing previous limitations and offering unprecedented flexibility. This transformation ensures a more streamlined lending process, empowering both members and originators with greater accessibility and efficiency.
“The ability to operate from any device rather than being restricted to a desktop is truly transformative for both our team and our members,” said Nikki Gaylord, Vice President of Lending at Purdue FCU. “MCP Essentials consolidates all aspects of the lending experience into a modern, unified system, eliminating inefficiencies and outdated workarounds. It represents a new benchmark in operational efficiency.”
A defining feature of MCP Essentials is its advanced API framework, which enables seamless business process integration, reducing redundancies and unlocking new levels of automation. The platform also enhances underwriting efficiency, offers an intuitive user interface, and delivers customizable workflows tailored to the evolving needs of financial institutions.
“MCP Essentials equips us to provide a lending experience that is not only more efficient but also more dynamic and responsive to our members' needs,” said Gaylord. “The platform’s capabilities far exceed our previous systems, ensuring we remain at the forefront of technological advancement in the financial industry and enabling our teams to deliver to our partners and customers.”
Looking ahead, Purdue FCU anticipates MCP Essentials playing a foundational role in achieving its long-term strategic objectives. This move reaffirms its dedication to continuous innovation and operational excellence. By embracing a modern, integrated lending solution, the credit union is poised to unlock new levels of efficiency, deliver enhanced value to its members, and solidify its leadership in the ever-evolving financial landscape.
For more information about MCP Essentials, visit www.mortgagecadence.com today.
Mortgage Cadence delivers the industry’s most complete, modern, cloud-based digital lending platform designed to provide an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products. With two distinct platform offerings and a leading borrower point-of-sale through closing collaboration tools, the end-to-end platform is both complete and configurable offering an open architecture designed to meet the needs of today’s lenders. The platform enables lenders to work more efficiently, leveraging automation and workflow tools that deliver an excellent borrower, sales, and operational user experience. For more information, visit www.mortgagecadence.com.
Purdue Federal Credit Union in Indiana offers valuable banking solutions including checking accounts, savings accounts, mortgages, consumer loans, credit cards, business solutions, student banking and much more. Bank online or visit one of our conveniently located branches in Lafayette, West Lafayette, Crown Point or La Porte, IN. For more information, visit www.purduefed.com.
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Alison Flaig
Head of Marketing
Mortgage Cadence
alison.flaig@mortgagecadence.com