ADA, Mich. — Community One Federal Credit Union has partnered with CUSO Development Company LLC to bring mortgage loans to its members.

Founded in 2006, CDC (www.cusodevelopment.com) was formed to provide credit unions with collaborative benefits by delivering real estate, mortgage and title insurance products to members and the general public. In addition to its mortgage subsidiary, the CUSO also launched a title insurance subsidiary in August and has plans to branch out into real estate in 2009.

“CDC's experience and knowledge in credit union mortgage lending allows us to seamlessly integrate their processes with ours, so we can continue to provide our valued members with the service and support they expect from Community One,” said J. Alan Pughes, CEO/president of the $161 million CU based in Las Vegas.

CDC currently has seven credit unions in its core ownership group including 1st Advantage FCU, Bellwether Community CU, Belvoir FCU, CommonWealth One FCU, Community One FCU, Sun East FCU and Workers' CU.