Three more credit unions select MBFS CUSO
TREVOSE, PA (October 1, 2018) — First Source Federal Credit Union ($536M, New Hartford, NY), Sun East Federal Credit Union ($551M, Aston, PA), and Widget Financial ($304M, Erie, PA) have recently selected the Member Business Financial Services (MBFS) CUSO for their business lending needs.
MBFS was formed in 2008 and now manages over $700 million in business loans and serves 45 credit unions nationwide. “We’re pleased to welcome First Source, Sun East and Widget Financial as our latest credit union partners,” said Mark Ritter, CEO of MBFS. “Our growing partnership network will help credit unions nationwide meet more of their members’ business lending needs.”
MBFS assists credit unions in funding business loans within their market so that they can achieve their organization’s strategic goals. The CUSO provides loan servicing, portfolio management services, loan underwriting, coordination of loan participations, and preparation of loan documents. Learn more at www.mbfs.org.
About Member Business Financial Services, LLC (MBFS)
MBFS assists credit unions in procuring, underwriting, processing, and funding business loans within their markets, as well as nationwide. The CUSO also provides individualized servicing options tailored to each of the credit unions it serves. Headquartered in Bucks County, PA, MBFS’ remote workforce of experienced lending professionals currently serves over 100 credit unions with a combined servicing portfolio in excess of $2.5 billion. The CUSO is well positioned to continue the expansion of its member business lending, participation, and servicing success.
Learn more about MBFS, our lending programs, and our nationwide network of credit union partners by visiting www.MBFS.org or contacting us at info@mbfs.org.
