Fireside Thrift Co. to Join Growing List of Lenders Participating in The BIGFNI(TM) Online Auto Finance System
SAN FRANCISCO, Feb. 1 -- Fireside Thrift Co., of Pleasanton, California will join a growing list of lenders participating in the BIGFNI(TM) online auto finance system, the automated loan application network of Bankers Integration Group (BIG). The agreement was announced during the National Automobile Dealers Association Convention and Exposition, being held here through Feb. 4 and where BIG will roll out its new decisioning engine that will pay auto dealers to use the software. The patent pending BIGFNI software solution provides a web-based risk analysis engine that is unique to the automobile finance industry. BIGFNI is a powerful tool for dealers allowing them to prescreen loan applications and match them to lender programs, ensuring that consumers are offered the best financing available to them. By joining the BIGFNI network, Fireside Thrift will streamline the application process and eliminate wasted efforts in reviewing deals that do not fit within its loan programs, thus, improving service to its dealer base. "Fireside is one of the largest purchasers of secondary automobile paper in the west, and offers alternative financing to consumers and car dealerships throughout that region," said Ted Cunningham, Vice Chairman of Bankers Integration Group, Inc., and former Executive Vice President of Global Sales and Marketing for the Chrysler Group. "By adding them to the BIGFNI network, the depth of coverage of the system is greatly increased and dealerships can assist an entire segment of customers with financing that they might not otherwise have been able to help." "Through years of service to the automobile dealer community, Fireside has developed a unique understanding of dealer needs and secondary financing programs," said Tom Conover, Senior Vice President of Fireside Thrift. "After analyzing the BIGFNI system, we are excited about the possibilities it offers to provide a superior level of service to our dealers." About Fireside Thrift Co. Fireside Thrift Co. is an FDIC insured financial institution with offices located throughout the western United States. By purchasing automobile loans from dealerships, Fireside helps customers with marginal credit purchase automobiles and light trucks. Fireside opened its first branch office, located in San Mateo, CA, in 1950, and has since expanded its locations into several states, as far east as Missouri. For more information about Fireside Thrift Co., visit the company's Website at http://www.firesidethrift.com . About Bankers Integration Group, Inc. Bankers Integration Group, Inc., with its headquarters in Laguna Niguel, California, is an application service provider to the finance and insurance industries. Its patent pending software engine is a web-based risk analysis engine that allows automobile dealers and lenders to decision financing in real time and finalize loans in a matter of seconds. Partnering with leading financial institutions, the BIGFNI software engine operates over the Internet through a standard browser, interpreting credit data, rendering a credit decision, and matching buyers with loan programs based on credit history drawn from the three major credit bureaus, vehicle type, and a lender's underwriting criteria. The system is designed to host a variety of prime and non-prime Lenders. For more information about Bankers Integration Group, visit the company's Web site at http://www.bigfni.com .