On Monday, May 6, the $4.4 billion, Westbury, N.Y.-based Jovia Financial Credit Union officially launched its wholly-owned commercial real estate services CUSO, Jovia Commercial Lending LLC.
The CUSO was designed to support small financial institutions including credit unions, community banks, commercial mortgage brokers and lenders with the management and/or expansion of their commercial real estate lending services. It is being led by President Casey Mauldin, who is also Jovia Financial's chief revenue officer and chief lending officer. Other CUSO leaders include Treasurer Karen Smith and Secretary Howard Shim, who are Jovia Financial's CFO and vice president of business lending, respectively.
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