State Financial Network’s offers our credit union clients a way to help them build and grow their own mortgage portfolios. Our clients want their members to have top notch mortgage servicing not to be lost in a behemoth maze searching for answers.
Online PR News – 05-September-2012 – Broomall, PA – State Financial Network, Inc. (SFN), a Credit Union Service Organization (CUSO) offering clients cost-effective mortgage products and services, is celebrating its 25th anniversary this year.
SFN primarily serves clients in Pennsylvania, Delaware and New Jersey. It is a
full-service, Mortgage Banker and wholly owned subsidiary of Broomall based Franklin Mint Federal Credit Union (FMFCU). Maintaining a mortgage servicing portfolio over
$700 million, SFN serves credit unions representing more than 250,000 members throughout the country.
Anthony Hinds, CEO/General Manager of Newark, Delaware based Community Powered Federal Credit Union and SFN client says, “We started working with SFN five years ago because we wanted to build a first mortgage portfolio without investing in a mortgage department. We achieved this goal with SFN’s help. Employees are always very
professional and attentive to our members’ needs. Plus, the online loan application is easy to understand and complete.”
“Part of SFN’s mission is to offer our credit union clients quality mortgage products
designed to help them build and grow their own mortgage portfolios. This has been a
challenging time for the mortgage industry. New regulations are constant and SFN does a
great job educating our clients and keeping them abreast of the many compliance changes in the mortgage industry,” says Mike Magnavita, SFN President/CEO.
He adds, “We look forward to serving our clients’ needs for the next 25 years and