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CUNA Mutual Group
CUNA Mutual Group has been committed to helping customers achieve financial success since its founding in 1935 by credit union pioneers. The company supports this partnership of trust through insurance and protection for your credit union and members, and other valuable solutions.
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Autoland
Provide your members with a one-stop, "white glove," auto-shopping experience at a great value—with no need for additional staff. With branches throughout California, Autoland serves hundreds of credit unions by delivering direct loans and relationships.
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CU Direct
CU Direct Corp. is the foremost provider of leading lending solutions for credit unions. Through its CUDL, Lending Insights, CUDL Retail, and Lending 360 brands, CU Direct Corp. offers many products and services to help credit unions advance their lending programs and achieve overall portfolio success.
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CU Student Choice
Come learn about a solution that can lift your credit union's loan-to-share ratio and attract new young members. Private student loans are a long-term investment and a much needed product for millions of young adults and families a market ripe with opportunity for your credit union.
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Community Mortgage Funding, LLC
Community Mortgage Funding, LLC is a CUSO with two shareholders—SCE FCU in Irwindale, CA and Farmers Insurance Group FCU in Los Angeles. It has been providing credit unions with services such as loan originations, underwriting, processing, and servicing since 1999. As a premiere mortgage partner serving the credit union community, CMF offers fair and competitive home ownership solutions, while providing ongoing education and consulting services to include home-buyer seminars for a credit union’s membership, custom marketing, and monthly staff webinars to address specific topics or changes in the marketplace.
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From the Editors of CU Weekly

LOAN PROGRAM HELPS CU BALANCE SHEETS
updated 07/03/13 02:41 PM
New Catalyst Service Available
Catalyst Corporate FCU has launched its Agent Loan Participation Program, a new loan program that connects credit union loan originators and sellers with credit unions who want to purchase an interest in a pool of loans. Loan pools accepted in this program are comprised of member auto loans or first lien mortgage loans.

Catalyst acts as the facilitator, bringing the buyers and sellers together in the loan participation process, but does not participate in the loans.

“Loan participations are an effective tool to help credit unions manage their business and their balance sheets,” said Jeff Hamilton, vice president of lending for Catalyst. “They can help offset liquidity challenges and concentration issues, and enable credit unions to meet their members’ loan needs without exceeding policy limits or pressuring capital ratios.”

The new service follows the National Credit Union Administration's (NCUA) recent loan participation rule that sets less restrictive caps for credit unions wanting to acquire shared loans. The limit is now set to 100 percent of a credit union's worth, up from the 25 percent the NCUA had previously considered. Coupled with several quarters of moderate loan growth and some economic improvement, Catalyst's participation program will prove to be very attractive for credit unions.

“It is no secret that larger credit unions are capturing a considerable percentage of the loans and could run into cap limits, while smaller credit unions have capacity and a need for loans," Hamilton said. "We think Catalyst Corporate’s loan participation service is well-positioned to help credit unions cooperate in a way that ultimately helps all credit union members."

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