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Cooperative lending
Ironbank Savings · Lithuania
A 22,000-member cooperative moved off paper-based loan administration onto a single member dashboard.
8,400
loans migrated
22k
members onboarded
1 weekend
to go live
Real-time
board reporting
The challenge
Where Ironbank Savings started.
Member loans were tracked on paper in branch offices, with monthly Excel rollups at HQ. Visibility was zero; member experience was worse.
What we did
How LoanHQ helped.
- Migrated 8,400 active loans onto LoanHQ over a single weekend.
- Issued every member a portal with balance, schedule, and repayment.
- Centralised reporting for the cooperative's board.
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