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Products

CU Realty Services celebrates 10-year milestone

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SCOTTSDALE, Ariz. (6/15/12)--CU Realty Services LLC, a Scottsdale, Ariz.-based credit union service organization specializing in real estate services, is celebrating its 10th anniversary.

The firm has worked with more than 100 credit unions in 19 states and 49 metro areas, recruited and trained more than 400 real estate agents, and has generated more than $10 million in total cost savings to credit union members.

Launched in 2001, CU Realty Services was one of the first in the U.S. to offer Internet home searches, representing a major shift in how buyers and sellers connect. Today, almost half of all searches begin online, according to the 2011 National Association of Realtors Profile of Home Buyers and Sellers. 

In the past year, CU Realty helped credit union members who bought or sold their homes through its agent network save a collective $1.8 million--equal to about 20% of real estate commissions. At the same time, the CUSO's credit union partners have increased their purchase-mortgage business, some by as much as 40%.

CSS and CU Solutions Group form marketing pact

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MADISON, Wis. (6/15/12)--CUNA Strategic Services Inc. (CSS) has formed a marketing agreement with CU Solutions Group (CUSG) to offer credit union members products, services and discounts from General Motors, Sprint wireless, CUNA Mutual Group auto and home insurance and Intuit TurboTax.

"CU Solutions Group has products that provide value to members for their everyday needs such as cars, auto insurance and mobile services," said Wes Millar, CSS senior vice president. "We believe the CUSG offerings increase the credit unions' value and deepen members' relationships with their credit unions."

CUSG, a credit union service organization owned by more than 100 credit unions and related organizations, has earned Diamond Awards from the CUNA Marketing and Business Development Council; Pro and Blockbuster Awards from the Credit Union National Association (CUNA); and the Herb Wegner Memorial Award for Outstanding Program.

"As credit unions look for new ways to grow, CUSG's Invest in America partnerships with GM, Sprint, CUNA Mutual and Intuit are great ways to drive auto loans, member loyalty and non-interest income," said Dave Adams, CUSG CEO. "Our partnership with CSS will help bring even greater awareness of these offerings among credit unions and help more members take advantage of the discounts provided."

Since the inception of the CUSG partnerships, more than 1.3 million members have taken advantage of discounts from Sprint and nearly 400,000 from General Motors and members have saved more than $500 million purchasing these products through Invest in America.