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Chief Marketing Officer and Senior Vice President
UW Credit Union
PO Box 44963
Madison, WI 53744-4963
UW Credit Union is Dane County’s Top WHEDA Lender
Madison, WI – March 18, 2008 – For the second straight year, UW Credit Union was the top producing mortgage lender in Dane County for WHEDA residential mortgage loans. WHEDA (Wisconsin Home and Economic Development Authority) offers innovative products and services in partnership with lenders to provide low-cost financing for housing and small business development in Wisconsin.
“We are pleased to be the top producing WHEDA lender in Dane County again in 2007,” said Paul Kundert, President and CEO. “It clearly demonstrates our commitment to providing affordable credit to first time home buyers and people at all income levels.” According to federally published data UW Credit Union’s home purchase lending activity to moderate and low-income borrowers has increased from $19 million annually in 2004 to nearly $38 million in the most recently published reports.
UW Credit Union was also awarded WHEDA’s quality award that recognized them as a lender with the highest quality of loan documentation. “This award is representative of our commitment to quality in serving our members’ home loan needs,” said Mike Long, Vice President of Lending. “Our members enjoy an excellent service experience, supported by the quality of our work.”
UW Credit Union is among the fastest growing home loan lenders in Dane County, and in 2007 welcomed over 5,600 new members to the Credit Union.
UW Credit Union is a growing, federally insured financial institution and a leading provider of affordable home loans, education loans, and consumer loans to University of Wisconsin communities. UW Credit Union’s 325 employees serve the financial service needs of more than 115,000 members through world-class technology systems, and through a convenient network of 13 branch locations and more than 60 ATMs. With assets totaling more than $1 billion, UW Credit Union is ranked nationally among the nations leading credit unions. Founded over 75 years ago by members of the University of Wisconsin community, UW Credit Union continues to operate as a not-for-profit, member-owned financial cooperative with locations in Madison, Middleton, Milwaukee, Stevens Point, Green Bay, and Whitewater. Visit UW Credit Union at www.uwcu.org to learn more.
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UW Credit Union
3500 University Avenue
UW Credit Union,
PO Box 44963