FAIRBORN — Wright-Patt CU has acquired Select Mortgage Group Ltd., a mortgage-origination company, for undisclosed terms.
CMG will retain its name, its 12 employees and its executive management team of Rodger Merkel, president, and David Mills, vice president of sales.
The acquisition allows Wright-Patt to expand its mortgage operations, Tim Mislansky, vice president of the credit union and president of its myCUmortgage operation. “SMG’s infrastructure and credit union client base offers us the opportunity to expand,” Mislansky said in a statement.
SMG was established in 1996.
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