Credit Union Service Organization

What Does CUBS do for Credit Unions?

If you represent a credit union looking for professional expertise to deliver the benefits of commercial real estate lending, then CUBS is your answer. CUBS delivers interest income from high quality assets and borrowers, and credit unions do not pay membership, origination, or participation fees.

Since its formation as a Credit Union Service Organization (CUSO) in 2003, CUBS has originated over $400 million in commercial real estate mortgages. Most of these loans are “participations”, enabling credit unions to share risk and increase asset diversity. By working with CUBS, credit unions take advantage of commercial real estate lending opportunities within their communities that they may not be aware of, and they can do so without capital investment.

Through our relationships with commercial borrowers and real estate brokers, CUBS has built a network in the southeast who consider CUBS a resource for the funding of commercial property.

Our purpose is to help fulfill the member business lending needs of our credit union partners, including meeting all NCUA requirements for Member Business Loans (MBL). CUBS also understands the unique needs of credit unions and works to find appropriate opportunities in our communities that fit within the loan policy parameters set by each participating credit union.

CUBS is a full-service CUSO with a robust commercial loan servicing platform that we make available to our credit union partners. Our commercial real estate expertise and services includes:

  • Loan origination
  • Underwriting
  • Loan documentation/processing
  • Loan closing coordination
  • Monthly servicing (billing, payment processing, compliance, collection, reporting)
  • Monthly tax & insurance escrow payments
  • Monthly principal & interest distributions to credit unions
  • Annual loan reviews & site visits