ADA, Mich. — UMassFive College Federal Credit Union has become the seventh owner of CUSO Development Co., a provider of real estate, mortgage and title insurance products.
As the newest partner-owner of the CUSO, $247 million UMassFive College FCU will provide its members with mortgage lending and title insurance through CDC.
"CDC is the first CUSO we have worked with as a part-owner," said Kathy Hutchinson, CEO, UMassFive College FCU. "This partnership gives us a significant competitive advantage, so we are now better equipped to compete with larger banks and lenders."
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