CU Members Mortgage’s Parent Company Colonial Savings Receives 5-Star Rating from BauerFinancial


December 05, 2017

CU Members Mortgage’s Parent Company Colonial Savings Receives 5-Star Rating from BauerFinancial

BauerFinancial, the Nation’s Premier Bank Rating Firm congratulates Colonial Savings and its divisions, CU Members Mortgage and Colonial National Mortgage, for receiving its highest 5-Star Superior rating. Colonial Savings is no newcomer to Bauer’s 5-Star Rating. In fact, Colonial Savings has earned this top honor for 23 consecutive quarters.

“CU Members Mortgage was built from a tremendous company and we are thrilled to see Colonial Savings continue to be recognized for their outstanding position to serve the products and services needed in communities. It’s a tremendous honor to receive this rating from BauerFinancial and we are proud of this great accomplishment,” said David Motley, President of CU Members Mortgage.

Colonial Savings was founded in 1952 and established the specialized division of CU Members Mortgage to meet the needs of credit unions in 1982. The CU Members Mortgage division serves credit unions nationwide providing home loans in all 50 states.

About BauerFinancial BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and banks since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.

About CU Members Mortgage CU Members Mortgage provides comprehensive mortgage services to credit unions and CUSOs nationwide. Established in 1982 as a division of Colonial Savings, a federally chartered thrift, CU Members Mortgage originates more than $1 billion in FHA, VA, and Conventional loans each year. With a portfolio of $26 billion, Colonial is one of the largest servicers of mortgage loans in the United States. The company is privately held and has offices located nationwide. For more information, visit www.cumembers.com.

About Colonial Founded in 1952, Colonial is a national, multi-service financial institution headquartered in Fort Worth, Texas, and is one of the largest servicers of mortgage loans in the United States, with a servicing portfolio of $26 Billion. It is the parent company of Colonial National Mortgage, a leading retail mortgage lender; CU Members Mortgage, which provides mortgage services to credit unions nationwide; and Colonial Savings, a network of eight consumer/commercial banks located throughout North Central Texas. It is also affiliated with Colonial Life Insurance Company of Texas, DuBose & Associates Insurance, and Colonial Lloyds. The privately held company provides a full array of personal and business financial products and originates approximately $2 Billion in FHA, VA, Jumbo, conventional, condo, and innovative single close construction loans annually. For additional information, please visit GoColonial.com.

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