Lenders Cooperative Appoints New Chief Technology Officer

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Lenders Cooperative Appoints Accomplished Technology Leader as Chief Technology Officer

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."

Cary Cooper, CEO

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, a client cooperative representing over 140 forward-thinking banking institutions, offers best-in-class loan origination software and shared services like credit underwriting, SBA LSP support, bank operations, and white-labeled call center support. Led by veteran bankers, the Cooperative provides customers with deep industry knowledge, facilitates best practice exchange, and empowers direct involvement in shaping new technologies.