Skip to main content

Press Release: Credit Union First Responder Finance : New Website



PRESS RELEASE

National Council of Firefighter Credit Unions, Inc.             CU First Responders Finance, LLC 
Grant Sheehan, CEO                                                                  Murray Halperin, Managing Member
(305) 755-3302                                                                          (561) 393-3770
ceo@ncofcu.org                                                                         info@financeresponders.com

                
February 11, 2020
FOR IMMEDIATE RELEASE

New Business Lending Website: FinanceResponders.com


Boca Raton, Florida –CU First Responders Finance, LLC (CUFR) has launched FinanceResponders.com.
Through this website, National Council of Firefighter Credit Unions (NCOFCU) member credit unions can offer commercial and business loans to volunteer and municipal fire departments, first responder businesses and associations.

CUFR’s Referral Credit Union solution allows smaller credit unions to provide incremental and tangible value for their customers, while giving them the opportunity to recruit new members. FinanceResponders.com provides the avenue for the Referral Credit Union to originate direct commercial real estate, business loans and generate non-interest income.

CUFR provides the business lending expertise, pre-screens the loan request and matches it to a lead lender in our program. When lead lenders fund a loan, they can opt to portfolio the entire loan or sell participation's back to the referring credit union.

CU First Responders Finance, LLC is a collaboration of credit unions and finance service providers that are committed to the development of first responder credit unions, their members and communities nationwide. It is a partnership between NCOFCU and Biz Lending & Insurance Center, Inc. For more information call (561) 393-3770 or visit financeresponders.com.
The National Council of Firefighter Credit Unions is a non-profit 501 (c) 3 professional credit union association serving firefighters, first responders and their families since 2001. At present, there are over 100 firefighter credit unions, representing over $15 billion in assets and 800,000 members throughout the U.S. and Canada. For more information visit ncofcu.org.


See you in New Orleans
 

Comments

Post a Comment

Please no profanity or political comments.

Popular posts from this blog

Let the Truth be Told - Why a New NCUA Rule Could Jolt Credit Union Innovation

The National Credit Union Administration has finalized a rule to improve board and executive succession planning within the credit union industry. This strategic move aims to curb the trend of mergers driven by technological stagnation and poor succession strategies, ensuring more credit unions maintain their independence and enhance their technological capabilities. By Ken McCarthy, Manager of marketing communications at Tyfone Credit unions are merging out of existence because of an inability to invest in technology, the National Credit Union Administration Board wrote when introducing its now finalized rule on board succession planning. The regulator now requires credit unions to establish succession planning for critical positions in their organizations. But it’s likely to have even wider effects, such as preserving more independent charters and shaking up the perspectives of those on credit union boards. “Voluntary mergers can be used to create economies of scale to offer more or ...
Post a Comment
Read Complete Article HERE>»

Speakers & Sessions For NCOFCU 24 San Antonio TX.

National Council of Firefighter Credit Unions Inc (NCOFCU)  Speakers and Schedule! It is the National Council of Firefighter Credit Unions (NCOFCU) "GO TO Conference" for credit unions serving first responders! Who should attend? CEO's, VP's Directors and Staff See What's Planned Register Here! Bring your spouse, bring a guest to enjoy San Antonio, TX River Walk 4 Days Golf 16 + Sessions Alamo Reception Closing Dinner Right on the San Antonio River Walk Several Networking events Open Forums Idea Exchange Events Panel Discussions of CU Leaders National & Industry Speakers Trends in First-Responder Credit Unions Director & Volunteer Sessions Exhibitors ShowcaseAnd  So Much More! HOTEL REGISTER HERE
Post a Comment
Read Complete Article HERE>»

Armand Parvazi MBA CUDE - Last Friday marked his last day with New Orleans Firemen’s Federal Credit Union.

It’s been an incredible journey, but it’s bittersweet to announce that Friday marked my last day with New Orleans Firemen’s Federal Credit Union. We've accomplished so much together in my six years as Chief Administrative and Development Officer. Some of the highlights: Implemented a data-driven marketing strategy that delivers over 1,800% annual ROI. Developed automated triggers to ensure members receive the right offers at the right time. Grew assets by 61% and increased products per new member from 1.88 to 2.62. Converted online banking to enhance the member experience. Introduced a loan origination system for faster and more efficient loan processing. Transitioned to a mobile-first financial institution to meet members where they are. Pioneered the first Cancer Care loan pause program in the nation (in collaboration with Andy Janning ) Secured nearly $17 million in grants for our impactful work. Expanded our field of membership to 35 parishes and counties and added numerous fi...
Post a Comment
Read Complete Article HERE>»