Credit Union 1's Commercial Real Estate Team Surpasses $1 Billion in Originations

Credit Union 1 (CU1), a leading financial institution with nationwide membership, announced that its Commercial Real Estate Team has surpassed the $1 billion threshold of originations. This milestone illustrates the team's continued growth through competitive product offerings and strong lending relationships.

Charlie Atzmiller, Vice President of Commercial Lending at CU1, highlighted the team's achievements since its inception four years ago. He emphasized the importance of this milestone, especially given the unprecedented times, and reiterated the commitment to servicing commercial lending members.

CU1 has established a robust nationwide presence in commercial lending. Noteworthy recent transactions include a quick-service restaurant in Vineyard, UT, an industrial building in Alta Vista, VA, and a multi-family building in Arvada, CO. The institution prides itself on maintaining sound underwriting practices with zero delinquency within its portfolio.

Todd Gunderson, President and CEO of CU1, stressed the significant role of local businesses in thriving communities. By supporting these businesses, CU1 contributes to the overall economic success. The institution's long-term commitment to quality and service has fostered repeat partnerships, signaling ongoing success and growth in their commercial lending portfolio.