CU Companies in New Brighton, Minn., added four retail lending partners and one correspondent lending partner to its mortgage department in June.
The partners are: Gas & Electric Credit Union in Rock Island, Ill.; Greater Abbeville Federal Credit Union in Abbeville, S.C.; Highway Alliance Credit Union in Jefferson City, Mo., and UAW MO-KAN Federal Credit Union in Kansas City, Kan.
Greater River Federal Credit Union in St. Cloud, Minn., was added as a new partner to the corresponding lending channel.
"The more partners our sales team brings in, the more account executives we need on our team, and that is contributing to the growth of our CUSO at an exponential rate," Brad Crandall, chief executive of CU Companies, said in the release. "With the current successes of our Midwest partnerships, we are expecting to welcome a few new faces in the company to seek additional growth in new areas."
CU Companies provide products and services to credit unions and community banks nationwide.More than 60 Minnesota credit unions own CU Companies.
The company announced in February that it added 48 new retail lending partners, nine correspondent lending partners, and three partners that signed up for both retail and correspondent lending in 2015.
