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MemberClose® continues to grow; adds four Connecticut credit unions to its client list

MARLBOROUGH, MA (May 14, 2015) — MemberClose®, the largest provider of a bundled mortgage settlement solution for credit unions, recently announced the addition of four credit unions from Connecticut to its rapidly growing list of distinguished clients.

MemberClose, a for-credit-unions-only business that began in 2004, provides a powerful and cost-effective settlement services platform for accessing nationally recognized vendors and service providers through a single website. With one username and password, credit unions can securely order from a suite of loan processing services that include, Credit Reports, Flood Determinations, AVMs, Gap Valuations, Full Appraisals, Property Reports, Lien Protection Tile Insurance, Loan Documents, Nationwide Closing Services, e-Recording, and much more.

“MemberClose is the largest provider of a one-stop, bundled, settlement solution to credit unions in the nation,” reports Bob Delaney, Chief Operating Officer of MemberClose. “Home equity lending is great business for credit unions, but very competitive with most lenders paying all of the closing costs. By using MemberClose, a credit union can close these loans faster and with less expense than what they had previously experienced.”

The four new clients of MemberClose from Connecticut are:

  • GE Credit Union ($184 million assets)
  • Northeast Family Federal Credit Union ($73 million assets)
  • Torrington Municipal & Teachers Federal Credit Union ($37 million assets)
  • Healthcare Financial Federal Credit Union ($35 million assets)

Including these four new additions, nearly 200 credit unions from 19 states are now reaping the benefits of the MemberClose.

About MemberClose

Started in 2004, MemberClose is the largest supplier of a bundled settlement solution to credit unions. MemberClose provides a customized, web-based solution allowing the end user to access services ranging from credit to closing with one user name and password. MemberClose provides a comprehensive vendor management and due diligence package to all of its participating credit unions. For more information on MemberClose visit MemberClose.com.

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