ORNL FCU 75 Years
COOPERATIVE SPIRIT: THE 7 ORGANIZATIONS
In 2003, with the opening of Affinity Title, ORNL FCU had created its first credit union service organization (CUSO) to provide services for its various departments, enabling them to streamline loan processing and other efforts. In 2006, the credit union further expanded its CUSOs with CU Community LLC, which provided mortgage origination services (loan processing and underwriting) not only to ORNL FCU but to other area credit unions needing these services. After much success, CU Community Insurance was established in 2007 to offer members convenient low-cost insurance for cars, homeowners, and renters. In short time, the credit union diversified its CUSOs to further meet the needs of members and its credit union partners. In 2017, these CUSOs were rebranded to 7 , a wholly owned credit union service organization of ORNL FCU. Rooted in its namesake—the original seven cooperative principles of the credit union movement— 7 is a financial partner created by and for credit union people. It is dedicated to making credit unions stronger through collaboration, offering top-tier products and services, and providing unparalleled support to its clients and partners. 7 Mortgage, 7 Title , 7 Insurance, and 7 Servicing CUSOs are each included under the 7 umbrella.
7 Mortgage offers tailored mortgage solutions to credit unions throughout the southeast and is licensed in seven states. 7 Title , jointly owned by ORNL FCU and Y-12 Federal Credit Union, provides efficient and convenient real estate title services. 7 Insurance , also jointly owned by ORNL FCU and Y-12 Federal Credit Union, provides credit union members with insurance services for auto, home, renters, and business. 7 Servicing provides superior, end-to-end loan servicing to the mortgage portfolios of ORNL FCU, 7 Mortgage , and partner credit unions.
2008-2017 RISING ABOVE | 73
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