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C-Sun Studios
Reach tomorrow's audience and train your employees more powerfully through the power of video and digital media. The Leagues' C-Sun Studios offer all you need to create excellent videos and programs—affordably!
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Fuze Digital Solutions
Build loyal relationships by improving member care and increasing knowledge sharing. Fuze can help turn your credit union's website into a highly used support channel, capture insights and feedback, provide new self-service options, and much more.
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League Services Corporation
League Service Corporation (LSC), formerly ICUL Service Corporation, the nation's largest credit union association-owned CUSO, offers the Apollo credit card program to small- and mid-sized credit unions. LSC also specializes in credit, debit, ATM, bill pay, stored value, and online banking services for credit unions of all asset sizes.
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CO-OP Financial Services
Take advantage of debit card services from California-based CO-OP Financial Services, the nation’s largest credit union service organization with nearly thirty years of service to credit unions.
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Fidelity National Information Services (FIS)
Customize your own first-rate credit card program from one of the world’s largest financial technology processing and services companies. The market leadership and operating efficiency of FIS offers you the greatest value at the lowest cost.
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Card Services for Credit Unions (CSCU)
CSCU is a partner and leader in credit card solutions for credit unions, providing customized products and services that maximize value for both credit unions and their members. CSCU currently serves nearly 3,000 credit unions.
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Harland Clarke
Strengthen your member ties with this leading provider of integrated payment solutions and more. Harland Clarke serves approximately 13,000 financial institutions nationwide.
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TurboTax
Save your members money with TurboTax and talk to them about investing their tax refund into one of your savings products
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From the Editors of CU Weekly

INCREASE YOUR 2014 MORTGAGE PIPELINE
updated 11/04/13 03:27 PM
CMF Offers Several Options
Credit unions across the board are winding down their books for 2013 and penciling in strategies for 2014, of which mortgage lending will remain a top contender.

Community Mortgage Funding (CMF) is a fully-licensed mortgage company owned by Southern California Edison FCU and Farmers Insurance Group FCU. It has a long track record of generating a significantly higher level of purchasing power with outside service providers, resulting in savings that are passed down to credit union members.

Here is what some of CMF's client credit unions had to say about their experience with CMF:

CMF has been a great partner for our Credit Union's mortgage operation. Their excellence in contracted services and help with our FHA program has enabled us to take advantage of some great opportunities in the marketplace. I highly recommend it!—Jeff Harper, VP of Lending for Orange County's CU

CMF has very knowledgeable loan officers and processors working for them. Very supportive of our staff on a daily basis or when training or any assistance that maybe needed. Processing and underwriting turnaround times are competitive with other lenders. Members do come back to thank us for our great service and the care in which CMF handles their loan and this is critical to Chaffey FCU.— Irene Simonetty, VP of Chaffey FCU

The success of CMF is largely in part of its three business models designed to accommodate the best level of participation for each credit union:

Sales Builder Track
The Sales Builder Track is designed for credit unions that want to offer their members loan programs without the associated operational costs. This means that CMF performs all of the mortgage functions of the transaction and walks members through the loan process, including loan selection and approval. The credit union can then purchase the loan for their portfolio, or CMF sells the loan to a secondary market investor of its choice.

Relationship Builder Track
The Relationship Builder Track is best suited for credit unions that want to take a more active role in the application process. The credit union takes the member's loan application and serves as the home loan advisor. CMG acts as the loan officer and processor, performing all processing and servicing functions. Like the Sales Builder Track, the credit union purchases the loan for their portfolio, or CMF sells the loan to a secondary market investor of its choice.

Business Builder Track
The Business Builder Track allows credit unions to perform the role of a third-party originator and generate the lender's fee income by managing all origination and processing functions. CMF provides underwriting, closing, funding, and loan servicing functions.

Click here to learn more about CMF!

 
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