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 funding business loans within their market. The CUSO is headquartered in Bucks County, PA but works with credit unions nationwide through a remote workforce to provide loan servicing, portfolio management services, loan underwriting, coordination of loan participations, and preparation of loan documents. MBFS has grown to serve over 80 credit unions and services more than $2 billion in business loans. Learn more at www.mbfs.org.
MBFS is a Credit Union Service Organization jointly owned by American Heritage Federal Credit Union, American Spirit Federal Credit Union, Century Heritage Federal Credit Union, Clearview Federal Credit Union, West-Aircomm Federal Credit Union, Discovery Federal Credit Union, Launch Federal Credit Union, Sun East Federal Credit Union, People First Federal Credit Union, Erie Federal Credit Union, Choice One Community Federal Credit Union, Eagle One Federal Credit Union, and Service 1st Federal Credit Union.
