news.cuna.org/articles/109237-cu-companies-adds-60-lending-parties-in-2015

CU Companies adds 60 lending parties in 2015

January 28, 2016

NEW BRIGHTON, Minn. (1/28/16)--CU Companies, a credit union service organization specializing in mortgage services, added 48 new retail lending partners, nine correspondent lending partners, and three partners that signed up for both retail and correspondent lending in 2015.

“The addition of new partners is a sign of successful development in the mortgage division of CU Companies, said Brad Crandall, CU Companies CEO. “With three partnership options--retail lending, correspondent lending, and non-delegated correspondent lending--credit unions and community banks have the flexibility to partner with us in what makes most sense with their lending strategies.”

“We plan for measured growth supported by the proper infrastructure as we see volume opportunity,” Crandall added.

CU Companies currently has account executives covering 17 states.

“Our aim is to continue to be flexible as credit unions and community banks across the country need our expertise and the economies-of-scale pricing,” Crandall said.