In 2017, three credit union professionals built a lending platform from scratch — not by retrofitting bank software, but by asking CU teams what they actually needed.
Every lending platform on the market was built for banks and repackaged for credit unions. The workflows didn't fit. The pricing penalized growth. And when you needed something changed, you opened a ticket and waited.
Steve Maloney, Dan Chaney, and Bruce Callen had spent years watching this play out — first at Teres Solutions, where they helped build the SAIL platform, and then across dozens of credit union implementations. They saw the same pattern: good CU teams, fighting bad tools. In 2017, they partnered with 1st Community FCU and Y-12 FCU to build Sync1 with a simple premise: build a LOS that credit unions could actually configure themselves, price it so growth was rewarded instead of taxed, and let the institutions that use it govern where it goes.
We exist to help credit unions close more loans, faster, without overpaying for the technology. Our pricing is simple: one implementation fee, then a charge per funded loan. No per-seat fees. No per-application charges. No hidden costs. When your loan volume grows, our revenue grows with it — that's alignment, not a billing trick. Our team has been building lending systems for credit unions since before most fintechs existed. That experience shows up in how fast we ship features and how few surprises show up in implementation.
Co-founded Sync1 after building the original Teres Solutions SAIL lending platform. Leads company strategy and client relationships.
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Brought decades of credit union lending experience from Teres Solutions. Drives partnerships and new client acquisition.
Architect of Sync1's per-funded-loan pricing model. Oversees finance, operations, and the ownership structure.
When your LOS vendor is owned by the same credit unions that use it, priorities stay aligned. No outside investors pushing for features that don't serve members. No surprise acquisitions that change the roadmap overnight.
Real credit unions that use the platform daily and have a seat at the table.
See Our Owners →CU executives and Sync1 leadership who meet quarterly to set product priorities.
View the Board →We charge per funded loan. When your credit union closes more loans, we both win. No misaligned incentives.
We'll show you the platform — tailored to your loan types, your core system, and the way your team actually works.
No obligation · We respond within 1 business day
Or reach out directly: info@sync1systems.com · (888) 200-7801
