Members 1st FCU Launches Online Bid On Loan Participation

MECHANICSBURG, Penn. – Members 1st FCU has introduced a Internet site to offer other credit unions easy access to information about participating in loans originated by the $1.4 billion credit union.

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Participants will be able to download all of Members 1st’s due diligence information, as well as view a list of loans for sale. From that list, users will be able to request loan packages to view. They will then be given access to download the entire loan file for complete underwriting.

The web site was introduced last month.


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