Stratford, CT – August 21, 2017 – Sikorsky Credit Union announced today that it is the Number 1 credit union mortgage lender in Fairfield and New Haven Counties, according to 2016 data published by The Warren Group, a Boston, Massachusetts-based company that collects and compiles data on real estate sales and ownership throughout New England. Mortgage lenders receive their ranking based on yearly mortgage volume.
“It is an honor for Sikorsky Credit Union and our entire team to achieve this status,” said Vincent Ciambriello, Sikorsky Credit Union’s President and Chief Executive Officer. “Our mortgage lending business has grown tremendously, and we’re thrilled to see the efforts of our team reflected in the 2016 rankings,” he said.
“Based on recently released mid-year data, we are well on our way to being the leader for 2017.”
Sikorsky Credit Union also held the top ranking in credit union-orginated residential mortgages in Fairfield and New Haven counties in 2013, 2014 and 2015, based on The Warren Group’s data.
“Our home loan team is committed to understanding our members’ needs and pairing them with the right home loans,” said Ciambriello. “As the figures show, a growing number of Fairfield and New Haven Counties residents are choosing Sikorsky Credit Union for their home loan needs.”
According to The Warren Group’s Residential Mortgage Marketshare Report for 2016, Sikorsky Credit Union ranked first among credit unions in the total value of residential mortgages for both Fairfield and New Haven counties combined, with more than $86 million in residential mortgages originated during 2016.
Sikorsky Credit Union offers a variety of home loan solutions to help members purchase their first homes, trade up or downsize, refinance or pay off their mortgages faster. To learn more about Sikorsky Credit Union’s mortgage products and services, including home equity loans and lines of credit, stop by any of the Credit Union’s branches or visit their website at sikorskycu.org.
Founded in 1948, Sikorsky Credit Union (sikorskycu.org) is the 4th largest credit union in Connecticut with approximately 50,000 members and over $700 million in assets. Sikorsky Credit Union branches are located in the towns of Stratford, Shelton, Seymour, Milford and Danbury. The Credit Union also operates branches in Ansonia, Oxford, Stratford and Seymour High Schools, as well as branches inside Sikorsky Aircraft plants in Stratford and Bridgeport, along with West Palm Beach, FL. As a state-chartered credit union, membership is open to anyone who lives, works, volunteers or worships in Fairfield, New Haven or Hartford County. Deposits are insured by the National Credit Union Administration, an agency of the U.S. Government.