OTTUMWA, Iowa (9/22/14)--Community 1st CU was one of six financial institutions the Iowa Housing Authority recently recognized as an outstanding lender for its efforts in advancing affordable homeownership through Iowa Finance Authority (IFA) programs last year.
Community 1st Director of Mortgage Lending Laura Kay Sheely, center, receives an Iowa Finance Authority outstanding lender award from IFA Executive Director Dave Jamison, far left, and Ruth Randleman, IFA board chairperson. (Ottumwa Post Photo)
The $500 million-asset credit union, based out of Ottumwa, received the honor at the IFA's 2014 HousingIowa Conference earlier this month in Des Moines (Ottumwa Post Sept. 18).
"We work hard at giving our members the best service possible and making homeownership a positive experience," Laura Kay Sheely, director of mortgage lending for Community 1st, said after receiving the award.
The Outstanding Lenders designation was awarded to financial institutions that had generated more than $6 million in 2013 IFA loan volume. Further, 23 lenders were recognized for surpassing the $1 million mark in volume.
Dave Jamison, IFA executive director, congratulated the institutions recognized by the award, which helps "celebrate the successes of our hard-working local lender partners and their efforts in making the dream of homeownership a reality," which it did for more than 1,400 families last year.