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State Bank of Geneva Enters Into Partnership With GLCU Mortgage Services

The partnership means the bank can provide traditional banking services as well as mortgage products "through cutting edge delivery channels," bank officials say in the Friday announcement.

The State Bank of Geneva has entered into an agreement with GLCU Mortgages Services to provide their customers with a home mortgage loan alternative.

Bank President Lew Deal made the announcement at about 10 a.m. Friday, Jan. 10.

"Partnering with GLCU Mortgage Services has allowed our bank to provide the traditional banking services our customers have come to expect, while adding something more. GLCU Mortgage Services will give our customers access to a full range of mortgage products available through cutting edge delivery channels,” Deal said.

Over the past several years, changes in mortgage lending and lending regulations have created a situation where consumers are no longer sure if they would qualify for a mortgage or, if they qualified, for what size loan, the bank said in a press release.

"Now more than ever, people need a mortgage professional that they are comfortable with to help find what is available to them in today’s mortgage market," the release said.

The State Bank of Geneva expects GLCU Mortgage Services will be this solution for its customers.

The State Bank of Geneva is a wholly owned subsidiary of Geneva Bancshares, Inc.

GLCU Mortgage Services is a division of Great Lakes Credit Union.




Enclosed please find a press release concerning our new partnership with GLCU Mortgage Services.   

The State Bank of Geneva is always looking for ways to better serve our customers without losing touch with our roots.  In fact, our slogan is “We have roots, where other banks have branches.”  By partnering with GLCU Mortgage Services, The State Bank of Geneva can offer a mortgage product selection comparable to any bank in town.   

Bank president Lewis Deal is available for comment at (630) 232-3222or LDeal@SBGeneva.com.

Thank you for your consideration.

Mitch Trier

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