A Houston CUSO has expanded its services to originate mortgages for credit union customers.
The new service by eCU Mortgage is designed to streamline the mortgage process and deliver more revenue to credit unions when loans are sold on the secondary market.
The CUSO is a subsidiary of First Service Credit Union of Houston ($671.7 million in assets, 56,669 members). The CUSO was formed only three years ago, and is now also confining its business to Texas. The state's 467 credit unions had 8.5 million members and $97.5 billion in assets as of March 31, or 7% of the nation's credit union assets.
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
