Search
 

Orange County's Credit Union opens mortgage CUSO

SANTA ANA, Calif. - Up until last month, Orange County's Credit Union offered mortgage products to its 53,000 members through third party vendors. Now the $538 million CU has formed a mortgage CUSO, PrimeDirect Mortgage, that will offer a full-range of mortgage products, including fixed and adjustable rate mortgages, Federal...

By Staff Writer | Updated on November 06, 2001

SANTA ANA, Calif. – Up until last month, Orange County’s Credit Union offered mortgage products to its 53,000 members through third party vendors. Now the $538 million CU has formed a mortgage CUSO, PrimeDirect Mortgage, that will offer a full-range of mortgage products, including fixed and adjustable rate mortgages, Federal Housing Authority (FHA) loans, home equity loans and lines of credit, and first-time home buyer programs. PrimeDirect will operate out of Orange County’s Stadium branch. To celebrate the opening of the new CUSO, Orange County’s CU is offering members a special promotion that allowed them to save $300 on closing costs on a minimum home loan of $100,000 until Dec. 31, 2001. Orange County’s CU is a community-chartered CU. Membership is open to anyone who lives, works, or worships in the county.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.