CU Realty Services Recognizes Wright-Patt Credit Union for Saving Members $1.6 Million
Wright-Patt Credit Union joins elite Million Dollar Club after it meets national milestone through the HomeAdvantage program
SCOTTSDALE, Ariz., October 5, 2016—In 2003, Dayton, Ohio-based Wright-Patt Credit Union launched a new real estate program with a very specific goal: increase purchase mortgage volume and deepen member relationships. Now, 13 years after implementing the HomeAdvantage™ program from CU Realty Services, the 320 thousand-member CU with $3.2 billion in assets has closed thousands of mortgage loans that have come through the turnkey real estate program. Just as importantly, Wright-Patt Credit Union has delivered $1.6 million in savings to its members in the form of cash rewards at closing.
While hundreds of CUs and CUSOs across the U.S. have partnered with HomeAdvantage, Wright-Patt Credit Union is one of only eight CUs to exceed the $1 million milestone.
Credit unions that use HomeAdvantage are able to give their members a one-stop, home-buying experience, that allows them to search for homes online, connect with local and program-approved real estate agents, and to earn cash rewards at closing.
“Surpassing this million dollar milestone means we’ve provided tremendous value to our members as they’ve achieved their dream of homeownership,” said Tim Mislansky, senior vice-president and chief lending officer at Wright-Patt Credit Union. “Many of our members are first-time home buyers where every dollar counts. You can imagine how much that cash at closing helps someone who may have only a small amount of money saved for a down payment and closing costs.”
About CU Realty Services, LLC
CU Realty Services provides real estate services to credit unions across the nation, helping them increase their purchase mortgage business. Launched in 2001, the CUSO has worked with more than 100 credit unions and thousands of their members. CU Realty’s range of web-based tools helps home buyers find homes, research neighborhoods, calculate costs, connect to experienced real estate agents, and earn a cash reward. By offering this program to members, credit unions are able to achieve significant increases in their purchase mortgage business.
CU Realty Services partners with hundreds of credit unions and mortgage CUSOs in 24 states. To learn how credit unions are becoming members’ first point of contact, visit www.curealty.com.
About Wright-Patt Credit Union
Established in 1932, Wright-Patt Credit Union is a member-owned, not-for-profit financial cooperative proudly serving the Miami Valley with over 320,000 members and $3.2 billion in assets. As a cooperative, Wright-Patt Credit Union joins members together, pooling financial resources to meet the needs of all. The pooled resources provide the capital to run a strong and efficient operation. Wright-Patt Credit Union is headquartered in Beavercreek, Ohio, and has 31 Member Centers throughout Southwest Ohio and the Columbus Area. Wright-Patt Credit Union’s mission is to help people through life by allowing members to achieve a greater degree of economic independence. Visit Wright-Patt Credit Union’s website at www.wpcu.coop for more information.