ADA, Mich. — Community One Federal Credit Union has partneredwith CUSO Development Company LLC to bring mortgage loans to itsmembers.
|Founded in 2006, CDC (www.cusodevelopment.com) was formed toprovide credit unions with collaborative benefits by deliveringreal estate, mortgage and title insurance products to members andthe general public. In addition to its mortgage subsidiary, theCUSO also launched a title insurance subsidiary in August and hasplans to branch out into real estate in 2009.
|“CDC's experience and knowledge in credit union mortgage lendingallows us to seamlessly integrate their processes with ours, so wecan continue to provide our valued members with the service andsupport they expect from Community One,” said J. Alan Pughes,CEO/president of the $161 million CU based in Las Vegas.
|CDC currently has seven credit unions in its core ownershipgroup including 1st Advantage FCU, Bellwether Community CU, BelvoirFCU, CommonWealth One FCU, Community One FCU, Sun East FCU andWorkers' CU.
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