Symbionce Financial Solutions LLC, a mortgage services firm, wasthe only CUSO to make Inc. magazine's 500|5000 list, aranking of the nation's fastest-growing private companies.

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Those selected for the 2014 list were ranked according topercentage revenue growth when comparing 2010 to 2013, according tothe publication.

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To qualify, companies must have been founded and generatingrevenue by March 31, 2010. The minimum revenue required for 2010was $100,000 and for 2013, $2 million.

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They also had to be U.S.-based, privately held, for profit, andindependent, not subsidiaries or divisions of other companies, asof December 31, 2013.

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The East Hanover, N.J.-based Symbionce ranked 945th on thelist.

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The 12-employee CUSO said it had 478% growth between 2010 and2013. It generated $565,991 in revenue in 2010 and $3.2 millionlast year.

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“We are thrilled to be selected to appear on this prestigiouslist. We are the only CUSO to be honored this year,” said AnnSouth, managing member of Symbionce.“Our staff, credit unionclients, and excellent products and services have proven to be agreat combination. We are so proud of what we haveaccomplished.”

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Symbionce emerged in 2009 to help save credit unions that weresold fraudulent loans by CU National Mortgage, a subsidiary of the defunct U.S. MortgageCorp., The debacle ended up costing credit unions $139 million.

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The CUSO bought the servicing rights of more than 80 creditunions that were served by CUNM, said South, who is alsopresident/CEO of $139 million Novartis Federal Credit Union in EastHanover, N.J.

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Many of them had very small portfolios with just one or twoloans, she added. Today, roughly 50 credit unions in 16 states arenow Symbionce clients.

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For her efforts to help save Novartis and other credit unionsimpacted by CUNM, South was named CU Times CEO Trailblazer of the Year in 2010.

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In a stagnant economic environment, the median growth rateof 2014 Inc.500|5000 financial services companies is 112%, according to thepublication. The companies on this year's list report havingcreated over 84,000 jobs in the past three years.

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“Not all the companies in the Inc. 500 | 5000 are in glamorousindustries, but in their fields they are as famous as householdname companies simply by virtue of being great at what they do.They are the hidden champions of job growth and innovation, thereal muscle of the American economy,” said Inc. EditorEric Schurenberg, in a statement.

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