Lenders Cooperative Appoints Accomplished Technology Leader as Chief Technology Officer

MECHANICSBURG, Pa.--(BUSINESS WIRE)--Lenders Cooperative, a Summit Technology Group company, is excited to announce the appointment of Charlie Turri as its Chief Technology Officer (CTO). With a proven track record and extensive experience in all facets of technology, Charlie will play a pivotal role in steering Lenders Cooperative's continued technological evolution.

Charlie brings a wealth of experience from various sectors, including technology consulting, web and mobile application development for prominent brands, and strategic engagements with banking and healthcare firms.

With a strong background in financial services, Turri has collaborated with major institutions like Wells Fargo, Danske Bank, Ally Bank, AgCountry, OneMain Financial, Athene, and AIG. Each engagement involved strategic initiatives ranging from security policies and operations centers to loan origination setups, data migrations, API integrations, and IT service management.

In Charlie's previous role with Denim Social, he successfully led the technology and product teams’ growth. This growth was accompanied by a remarkable surge in monthly posts, skyrocketing from 15,000 to an impressive 500,000.

One of Charlie’s standout accomplishments was the substantial reduction in unit costs, driving them down from approximately $0.50 to an impressive under $0.01. This achievement reflects Charlie Turri's strategic focus on efficiency and cost optimization.

Turri is a pioneer in leveraging generative AI for automating social posts. This includes the creation of summaries, collections, and the generation of text and images. This innovative approach has not only streamlined the content creation process but is also applicable across the entire financial sector.

"We are thrilled to welcome Charlie Turri to the Lenders Cooperative family," said Cary Cooper, CEO of Lenders Cooperative. "With his extensive background in technology leadership and a proven track record of driving innovation and efficiency, Charlie Turri is well-positioned to lead our technology team to new heights."

Charlie expressed enthusiasm about joining Lenders Cooperative, stating, “I am thrilled to be a part of the Lenders Cooperative team. Having seen what the team here has built and what the plans are both in the near term and the overall vision for the future is exciting for me to be a part of.”

Lenders Cooperative looks forward to leveraging Turri's expertise to drive technological advancements, enhance product offerings, and continue its trajectory as a leader in supporting forward-thinking banking institutions.

About Lenders Cooperative

Lenders Cooperative is a client cooperative representing a community of over 140 and growing forward-thinking banking institutions leveraging best-in-class loan origination software coupled with shared services, including credit underwriting, SBA LSP support, bank operations and white labeled call center support. With solutions built and supported by veteran bankers, the Cooperative also offers customers a deep knowledge base, the ability to exchange best practices and a direct role in guiding the development and implementation of new technologies.

Lenders Cooperative helps community and regional financial institutions think differently on modernizing their lending solutions, improving internal workflow processes, and streamlining back-office operations so they can focus on their real strength - supporting their customers. Visit the Lenders Cooperative community today and learn more.