MemberClose partners with four New England credit unions
Credit unions representing over $2billion in assets contract with MemberClose to provide real estate lending services
MARLBOROUGH, MA (April 12, 2023) — Today, MemberClose announced their partnership with four credit unions in Massachusetts and Rhode Island to provide comprehensive residential lending services: Boston Firefighter’s Credit Union (BFCU), Central One Credit Union (Central One), Greenwood Credit Union (Greenwood), and Plymouth County Teacher’s Federal Credit Union (Plymouth County). MemberClose offers each credit union access to fulfillment services, first mortgage origination, second mortgage processing, 2nd look mortgage review, credit restoration, and student loan lending within one easy-to-use dashboard.
“The MemberClose team is energized to support these credit unions, and all credit unions nationwide, with products and services to meet members’ residential lending needs,” said Melissa Pomeroy, MemberClose Chairman of the Board and Cooperative Credit Union Association (CCUA) Chief Revenue Officer. “We are honored that BFCU, Central One, Greenwood, and Plymouth County entrust MemberClose to help serve their memberships.”
Each newly partnered credit union is a member of the CCUA, an industry trade group representing credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island. Through league collaborations and industry networks, MemberClose serves nearly 300 credit unions nationwide with a powerful and cost-effective real estate lending solution, developed specifically for credit unions, providing access to nationally recognized vendors and service providers through a single sign-on platform.
“We are thrilled to welcome these four CCUA member credit unions to the MemberClose community,” said Bryce Jackson, MemberClose Chief Operating Officer. “Their memberships are strong, and our staff is prepared to deliver personalized service every step of the way from individuals looking repair their credit, to families purchasing their first home.”
To learn more about the MemberClose platform, products, and services visit: www.memberclose.com.
MemberClose is a for credit unions only business that was launched in 2004. We currently serve over 200 credit unions located in 21 states and continue to grow. MemberClose is designed to deliver credit unions the most efficient end-to-end processing solution ... from credit to closing. Simply put, MemberClose saves on the time it takes and the money it cost to process all types of home equity loans. MemberClose also offers a Loan Guarantee Program (LGP) that allows a credit union to make more loans without additional risk. With MemberClose LGP the credit union can offer 100% LTV home equity loans. https://www.memberclose.com/