News & Announcements

CU Mortgage Direct, LLC Welcomes New Owners

CU Mortgage Direct, LLC Welcomes New Owners

(Sioux Falls, SD August 1st, 2019) - CU Mortgage Direct, LLC, a subsidiary of Sioux Empire Federal Credit Union, with locations in Sioux Falls, Madison and Watertown is proud to announce eleven additional owners.
COO Dave Bednar is excited about the future of CU Mortgage Direct, LLC “Since 2004, CU Mortgage Direct, LLC has been wholly owned by Sioux Empire Federal Credit Union. With the addition, the owner Credit Union members will have access to all of the mortgage products and services that CU Mortgage Direct, LLC offers which includes local servicing. We are excited for the future in mortgage lending with the addition of these 11 new Federal Credit Unions”.

CU Mortgage Direct, LLC would like to announce the following additional Credit Union owners
throughout the state of South Dakota:

Avanti Federal Credit Union                                Sentinel Federal Credit Union
East River Federal Credit Union                         Service First Federal Credit Union
First Century Federal Credit Union                     Services Center Federal Credit Union
Ft. Randall Federal Credit Union                        Vermillion Federal Credit Union
Healthcare Plus Federal Credit Union                Voyage Federal Credit Union
                                    Northern Hills Federal Credit Union

CU Mortgage Direct, LLC looks forward to opportunities the new ownership brings and the benefits it will provide to their members. For additional information about CU Mortgage Direct, LLC please visit

About CU Mortgage Direct, LLC
CU Mortgage Direct LLC is a South Dakota Limited Liability Company, NMLS# 198895. We are a mortgage banker/direct lender for all types of home loans. Since we are owned by a credit union, we have a strong financial backing and we can pass that savings on to you. With over 150 years of combined experience, we can help you obtain the right loan. Since our start in 2003, it has been our goal to simplify the mortgage process by making it hassle free. All of our loan decisions are made in Sioux Falls, SD and even funded through our office.

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