Press
CU Companies Hires Additional Account Executive
CU Companies announces the addition of Todd Krennrich as the fourth Account Executive on the Correspondent Lending team. His territories include: Illinois, NW Indiana, and parts of Iowa and Michigan
Krennrich has 17 years of experience in the mortgage industry and 10 years as an Account Executive and Regional Sales Manager in both the Wholesale and Correspondent Lending channels. He has vast experience in startup territories and has earned honors such as President’s Club, Leader’s Club, and Best Operator for his efforts in developing business and long term relationships.
In only his second month with CU Companies, Krennrich has already signed a Correspondent Lending partner–The National Bank out of Illinois. The role of an Account Executive for Correspondent Lending is to assist owners and partners with any questions they have about the products, guidelines, or loan scenarios, for example. Their role is to also assist in the education of all services provided by CU Companies.
About CU Companies
CU Companies is committed to earning the loyalty of its credit union owners and financial partners by delivering personalized service and competitive products. The organization was founded in 1987 by three Minnesota credit unions to offer a competitive mortgage solution for their members. They realized that by combining forces, they could offer a superior product to their membership than if they did it alone. These three credit unions created a Credit Union Service Organization (CUSO), CU Mortgage Services, Inc. in which they shared equal ownership.
Over the years, other credit unions recognized that their membership could also benefit from the CUSO and purchased stock in the organization. As the number of owners grew, they realized there were other areas of expertise that could be leveraged to provide an even greater product offering to their members. Over the next several years, four additional subsidiaries (Title, Realty, Preferred Investments, and Member Business) were created and CU Mortgage Services, Inc. became CU Companies. For more information, go to www.cucompanies.com.