X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. CLOUD, Minn. – Members being serviced by CUBS Business Services will soon have a more streamlined lending process thanks to a recent alliance. The CUSO partnered with Bankers Systems, Inc. to bring business lending documentation to its credit union clients. CUBS Business Services was founded in 2004 to meet the expanding small business needs of CU members, including its owners: Access First FCU, Allegis CU; Citizens CU, and Meijer CU. Since then, the CUSO has amassed more than $2 million in business loans, according to Jim Martin, loan manager for the CUSO. Martin said the CUSO will use Bankers Systems’ Rembrandt Lending solution “because it pre-selects the necessary documents for each transaction and offers a straight forward check list at the end to help make certain the proper documentation was performed.” “The Rembrandt Lending solution has the ability to accommodate our loan portfolio as it expands because of its comprehensive suite of documents that can help us remain compliant in all 51 jurisdictions,” Martin added. CUBS Business Services is a partner company of CUMC Mortgage Company and a wholly-owned subsidiary of CUFFS Financial Services, LLC. Bankers Systems, Inc., a WoltersKluwer company, is a provider of compliance tools, technologies, and services for more than 12,000 financial banks and credit unions.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.