CU Companies on Monday said it finished 2015 with "significant growth" in its mortgage lending partnerships.

In the last calendar year, CU Companies added 48 new retail lending partners, nine correspondent lending partners, and three partners that signed up for both retail and correspondent lending.

According to Brad Crandall, CEO of CU Companies, the addition of new partners is a "sign of successful development" in its mortgage division.

New Brighton, Minn.-based CU Companies currently has eight account executives covering 17 states, with two covering Minnesota.

CU Companies was founded in 1987 by three Minnesota credit unions to offer a competitive mortgage solution for their members. Today, CU Companies is owned by more than 60 credit unions in Minnesota and offers a range of products and services to numerous credit unions and community banks across the nation.

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