Who is MBFS?Member Business Financial Service (MBFS) is a Credit Union Service Organization (CUSO) that assists credit unions to fund business loans within their markets in order to meet the strategic goals for their organization. MBFS has focused on becoming the preferred partner for credit unions in the Mid-Atlantic and northeast United States business lending marketplace. The past five years have seen a strong growth pattern for the credit unions in loans under management and funded by the CUSO.
“As a CUSO, it is critically important that MBFS understands all aspects of our loans throughout the various stages of the lifecycle, and that we help our Credit Union customers understand the status and performance of the loan portfolio we are managing on their behalf – from origination, to servicing, to completion. With the data we need coming from multiple sources, we often struggled to pull together the reports we and our customers needed. Hammer Dev helped us greatly by implementing a data warehouse – saving us significant manhours, and greatly improving the professional quality of the reports we deliver to our customers on a regular basis.”– Ellen Thorn, Senior Vice President of Loan Operations (MBFS)