Strategic alliance paves the way for credit unions to elevate mortgage offerings.
CU*SOUTH, a 100% credit union-owned credit union service organization (CUSO) that provides essential products and solutions for credit unions, proudly announces its alliance with Mortgage Center (Equal Housing Lender, NMLS# 282701), a CUSO dedicated to working with credit union members and mortgage borrowers to help grow communities.
This collaboration aims to provide credit unions in the southern United States with enhanced mortgage services, supporting their mission to meet members' homeownership aspirations.
CU*SOUTH was founded in July 2006 with the mission to grow credit unions through partnership, networking and collaboration. The organization is part of the cuasterisk.com network, and helps provide core processing, accounting, collections, IT management and other important services to a community of over 362 credit union partners across 42 states.
Since its inception in 1990, Mortgage Center has been dedicated to working with credit union members and mortgage borrowers to foster community growth. Currently licensed and operating in Michigan, Florida, Ohio, Wisconsin, and Illinois, Mortgage Center is actively obtaining licensure in additional states, including Pennsylvania, Indiana, Louisiana, Mississippi, Alabama, Georgia, Connecticut, and Massachusetts.
"Mortgage Center shares the same vision of supporting credit unions and their members as CU*SOUTH,” said Joshua Thompson, President and CEO of Mortgage Center. “We believe that by combining our strengths, we can make a positive impact on the mortgage landscape in the southern United States."
Bob West, CEO of CU*SOUTH, underscored the strategic importance of this collaboration in addressing the evolving needs of credit unions and their members.
"CU*SOUTH strives to ensure credit unions meet their members where they are with the innovative products and services they crave,” said West. “At a time when many Americans are struggling to afford a home, we hope this partnership serves as a catalyst in helping credit unions make their members' dreams of owning a home a reality."
CU*SOUTH is building a collaborative, peer-to-peer community of Credit Unions through shared development of technology and service platforms. CU*SOUTH is headquartered on the Eastern Shore of Mobile Bay, with a nationwide network of CU experts.