Nutmeg partners with mortgage provider Mortgage Markets CUSO, LLC to offer advanced products and services
Credit union streamlines services with new tech and mortgage specialists
ROCKY HILL, CT (June 5, 2019) — Nutmeg State Financial Credit Union has announced a partnership with Mortgage Markets CUSO, LLC a credit union service organization specializing in the provision of first mortgages. With this new collaboration, the Rocky Hill-headquartered credit union plans to improve the overall efficiency and user friendliness of their mortgage services.
As a subsidiary of Finex Credit Union since 2003, Mortgage Markets currently provides mortgage lending services to over 20 credit unions across the state. Finex Credit Union CEO Michael Palladino and Michael Ferraro, President of Mortgage Markets, have expressed enthusiasm in regards to their new partnership with Nutmeg.
“I am grateful that Nutmeg has shown interest in choosing us as a business partner,” Palladino said. “We look forward to helping them fulfill all of their mortgage-related needs.”
“We’re also excited to bring our experience with so many other credit unions to Nutmeg,” said Ferraro. “Our approach with advanced technology will make their mortgage processes even easier for members.”
With the help of Mortgage Markets, Nutmeg has introduced a new online application service for members interested in their mortgage products. Like many of Nutmeg’s services, this feature is available completely online and offers the high level of convenience that the credit union strives for.
“Mortgage Markets has been a tremendous help in improving the speed and turnaround of our online mortgage services,” said John Holt, President and CEO of Nutmeg. “Our partnership is another great step in our mission of putting more control into our members’ hands.”
About Nutmeg State Financial Credit Union (NSFCU)
Established in 1936, Nutmeg State Financial Credit Union is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. Embracing our roots as a steward of the financial cooperative movement, we’re a values-driven collective committed to intentional actions and investments to “be the change” in our community. We believe prosperity for all people is possible through meaningful social and economic relationships and ensuring inclusive and equitable access to resources. Our mission is to create multi-generational prosperity throughout the community we serve through education, collaboration, and the support of local commerce. Nutmeg State Financial Credit Union has assets of approximately $565 million and currently serves approximately 43,000 members. Please visit nutmegstatefcu.org for more information.
Mortgage Markets CUSO, LLC
Mortgage Markets CUSO (credit union service organization) is a wholly owned subsidiary of Finex Credit Union operating for the benefit of credit unions and credit union members throughout Connecticut offering FHA, CHFA, VA, USDA and conventional mortgage products. By joining with other credit unions in a cooperative effort, Mortgage Markets CUSO has developed leading edge technology, mortgage expertise, local underwriting and excellent personal service. For more Mortgage Markets CUSO information, please log visit www.mortgagemarketscuso.com
