The $608 million Amplify Federal Credit Union in Austin, Texas, said it has hired Steve Menczer as vice president of real estate lending.
Menczer comes from the $2.9 billion San Antonio Federal Credit Union where had been investor channel manager for SACU's secondary market activity and, prior to that, wholesale mortgage manager, his new employer said.
At the 45,100-member Amplify, Menczer will oversee origination, underwriting, secondary marketing, second liens and mortgage loan servicing and processing. He will also be responsible for ensuring compliance with credit union, investor, mortgage insurance, management and regulatory guidelines.
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"Steve has several years of credit union experience, so he's well in tune with our industry's member-first philosophy," said Paul Trylko, president and CEO of Amplify.
"He brings a diverse set of skills as well as an extensive background in developing management teams," Trylko said in the credit union's announcement.
Menczer said, "I am eager to add to this credit union's stellar track record, but more importantly, help Austinites achieve financial success."
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