Piedmont Advantage Credit Union recognized for excellence in mortgage loan production – Cape Fear Business
WINSTON-SALEM, NC, – For the third year in a row, Piedmont Advantage Credit Union has been recognized by the Credit Union Mortgage Association (CUMA) for excellence in mortgage production in 2020. Piedmont Advantage Vice President of Loans , Perry Crutchfield, ceremoniously accepted the honor virtually on behalf of the Credit Union on Friday, March 26.
A credit union service organization, CUMA partners with more than 90 credit unions nationwide to provide mortgage services and access to the secondary mortgage market and government guaranteed loan products, such as the Federal Home Association (FHA), the Veteran Administration (VA) and the United States Department of Agriculture (USDA) to their members.
CUMA’s recognition in 2020 is the Platinum Award for Mortgage Production over $ 26 million from Piedmont Advantage, placing Piedmont Advantage in the top 15 Mortgage Producers of CUMA Member Credit Unions in the nationwide. This $ 26 million represents a 30 percent increase over the previous year.
“We have a great loan team and are making a difference in the lives of our members,” Piedmont Advantage President and CEO Dion Williams said during the virtual presentation.
About the Piedmont Avantage credit union: In 1948, aviator Tom Davis started a small airline, Piedmont Airlines, in Winston-Salem, North Carolina, to provide jobs for the military after the war. Under his leadership, the airline flourished and the need for a credit union was recognized. In 1949, Mr. Davis supported the launch of an aviation credit union to provide small loans and savings accounts to employees of Piedmont Airlines. The credit union grew rapidly along with the airline industry.
Over the years, this credit union has come to be known as Piedmont Advantage to reflect the growing number of its members. With access to more than 5,000 branches within the credit union network and 35,000 ATMs at no additional cost, membership is open to people who live, work, worship, or attend school in the communities they live in. she serves in North Carolina or who are employed by one of her many employer companies. Piedmont Avantage, a not-for-profit cooperative financial institution, has 10 branches in its service regions. Piedmont Advantage is headquartered in Winston-Salem, North Carolina