Arizona FCU Inks With CU Members Mortgage For Online Lending

Published June 14, 2012, 7:36 p.m. EDT

|

Updated August 26, 2020, 10:49 p.m. EDT

1 Min Read

PHOENIX – Arizona FCU has signed with CU Members Mortgage to provide it with online loan origination services.

Processing Content

The deal includes a link from the $1.3 billion credit union’s website to a regional home loan application for the credit union, then a customized loan application. “Retained servicing, an online application, and onsite loan officers were all a high priority for our credit union as we considered a new direction to grow our program,” said Ann Burns, vice president of lending for Arizona Federal.

CU Members Mortgage is a unit of Dallas-based Colonial Savings.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Compensation

More Citi shareholders vote 'no' on say-on-pay

Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.

By Allissa Kline
Reporter

9h ago
Housing

House passes their version of housing legislation, 396 to 13

The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.

By Claire Williams
Reporter

9h ago
Trump administration

Trump issues EO to revisit Fed master accounts for fintechs

The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.

By Melinda Huspen
Tech Reporter

9h ago
CFTC

Lawmakers scrutinize prediction market oversight

A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry.

By Maria Volkova
Reporter

10h ago
Fraud

Payment fraud continues to vex consumers and banks

New research suggests customers are willing to accept some friction in exchange for more robust fraud controls.

By Cheryl Winokur Munk

10h ago
Fraud

Visa sounds the alarm on AI fraud

The card brand says advanced artificial intelligence is making it easier for crooks to trick consumers, but the technology also allows banks to fight back.

By John Adams
Executive Editor, Payments

10h ago

Load More