“Proven Performance in the Credit Union Space” Your Partner, not Your Competitor !

Who Are We and What Do We Do? A mortgage solutions provider – A “Plug and Play” Mortgage Fulfillment Center 2 Originate Process / Underwrite Fund Sell / Deliver to Investor Service

What Loan Products Do We Offer? FNMA / FHLMC Fixed Rate and ARM Loan Programs FNMA / FHLMC Fixed Rate and ARM Loan Programs Jumbo Fixed Rate and ARM Loan Programs Jumbo Fixed Rate and ARM Loan Programs FHA / VA Fixed Rate and ARM Loan Programs FHA / VA Fixed Rate and ARM Loan Programs 3

Where Do We Operate ? 4

Company Background CUSO Mortgage (privately owned) CUSO Mortgage (privately owned) – Established in 1986 in Sacramento, CA – Acquired by Wescom in October 2006 CU West Mortgage (owned by California Credit Union League) CU West Mortgage (owned by California Credit Union League) – Established in 2004 – Acquired by Wescom in July 2007 Companies were integrated operationally in 2007 Companies were integrated operationally in 2007 Companies were officially merged in June 2008 Companies were officially merged in June

What is Our Value Proposition ? Non-interest income from mortgage origination without the compliance, recourse, interest rate and overhead risks. Non-interest income from mortgage origination without the compliance, recourse, interest rate and overhead risks. Access to secondary mortgage markets and products without the need for staff or expertise. Access to secondary mortgage markets and products without the need for staff or expertise. Low cost mortgage servicing with high touch member service. Clients get the comfort of knowing their member’s mortgages are serviced with “high touch” member facing staff and that all state and federal regulations are being complied with so that they will not be subject to sanctions and penalties. Low cost mortgage servicing with high touch member service. Clients get the comfort of knowing their member’s mortgages are serviced with “high touch” member facing staff and that all state and federal regulations are being complied with so that they will not be subject to sanctions and penalties. 6

What does it Cost to Outsource Origination to CMI ? No Cost to Start No Cost to Start No Monthly or Annual Maintenance Fees No Monthly or Annual Maintenance Fees No Set Up or Implementation Fees No Set Up or Implementation Fees No Minimum Volume Requirement No Minimum Volume Requirement 7

Two Origination Channels to Choose From Level A – Outsource all loan officer and fulfillment functions Level A – Outsource all loan officer and fulfillment functions Level B – Keep loan officer responsibility and outsource all fulfillment functions Level B – Keep loan officer responsibility and outsource all fulfillment functions 8

Level A Origination Channel CMI takes application, discloses, processes, underwrites, draws loan docs, facilitates funding CMI takes application, discloses, processes, underwrites, draws loan docs, facilitates funding Partner wires funds to closing agent, CMI buys loan after funded or delivers to partner – CMI or partner can service Partner wires funds to closing agent, CMI buys loan after funded or delivers to partner – CMI or partner can service Partner has first right of refusal on all loans Partner has first right of refusal on all loans Partner is provided CMI’s Web Based Point of Sale Application Technology ( Accenture Mortgage Cadence) Partner is provided CMI’s Web Based Point of Sale Application Technology ( Accenture Mortgage Cadence) CMI offers branded and/or custom marketing counsel and services at discounted pricing CMI offers branded and/or custom marketing counsel and services at discounted pricing 9

Benefits Level A Channel Toll free calls to professional Loan Originators licensed through NMLS Toll free calls to professional Loan Originators licensed through NMLS Online Member Application and Approvals 24/7 Online Member Application and Approvals 24/7 Processing To Closing at Industry Average or Less Processing To Closing at Industry Average or Less Option to retain or sell each mortgage originated basis points loan sale participation Option to retain or sell each mortgage originated basis points loan sale participation RESPA compliant volume rebate ( Tier Pay ) – earn additional loan sale premiums RESPA compliant volume rebate ( Tier Pay ) – earn additional loan sale premiums Non interest income without the attendant expense Non interest income without the attendant expense Free technology ( origination and servicing ) that enhances image Free technology ( origination and servicing ) that enhances image No repurchase risk No repurchase risk No solicitation of your members No solicitation of your members No risk of sanction or fine for compliance with lending regulations No risk of sanction or fine for compliance with lending regulations 10

Level B Origination Channel Partner loan officer takes application, discloses, locks and uploads supporting credit package documents Partner loan officer takes application, discloses, locks and uploads supporting credit package documents CMI processes, underwrites, draws loan docs, facilitates funding CMI processes, underwrites, draws loan docs, facilitates funding Partner wires funds to closing agent, CMI buys loan after funded or delivers to partner – CMI or partner can service Partner wires funds to closing agent, CMI buys loan after funded or delivers to partner – CMI or partner can service Partner has first right of refusal on all loans Partner has first right of refusal on all loans Partner is provided CMI’s Web Based Point of Sale Application Technology ( Accenture Mortgage Cadence) Partner is provided CMI’s Web Based Point of Sale Application Technology ( Accenture Mortgage Cadence) CMI offers branded and/or custom marketing counsel and services at discounted pricing CMI offers branded and/or custom marketing counsel and services at discounted pricing 11

Benefits Level B Channel Online Member Application and Approvals 24/7 Online Member Application and Approvals 24/7 Processing To Closing at Industry Average or Less Processing To Closing at Industry Average or Less Option to retain or sell each mortgage originated – basis points loan sale participation Option to retain or sell each mortgage originated – basis points loan sale participation RESPA compliant volume rebate ( Tier Pay ) – earn additional loan sale premiums RESPA compliant volume rebate ( Tier Pay ) – earn additional loan sale premiums Non interest income without the attendant expense Non interest income without the attendant expense Free technology ( origination and servicing ) that enhances image Free technology ( origination and servicing ) that enhances image No repurchase risk No repurchase risk No solicitation of your members No solicitation of your members No risk of sanction or fine for compliance with lending regulations No risk of sanction or fine for compliance with lending regulations 12

Our Origination Solutions Provide Free Web Based Loan Application Technology Robust and User Friendly Branded Secure 24/7 Access Instant Credit Online Approvals in Minutes

With Online Access for Pipeline Review Enter our secure website and view your pipeline of loans 24/7 See summary and detailed information of your complete pipeline

Our Servicing Solutions Provide 24/7 Online Access Self Service and High Touch Staff Interaction Compliance Tested Administration, Reporting and Remittance 24/7 Web Based Access to Your Portfolio 24/7 Member Access to Account Info– Can Make Payments Online

Our Solutions Provide Marketing Collaboration and Consultation The key to success with any marketing program is quality, frequency and consistency. CUSO is committed to working with you to help promote mortgages to your members. We provide a variety of marketing materials developed by us that may be branded. By keeping an ongoing branded campaign in place, interest in your mortgage loan programs will be assured..

Launch Your Program with a Professionally Designed Kick Off Campaign

Keep It Going with a Pre-Developed 12 Month Campaign

SUMMARY OF BENEFITS CMI partners earn non interest income and incur no expense – CUSO takes on all overhead risk CMI partners earn non interest income and incur no expense – CUSO takes on all overhead risk CMI partners have no interest rate risk or repurchase risk on loans sold – CUSO takes on both CMI partners have no interest rate risk or repurchase risk on loans sold – CUSO takes on both CMI partners have no compliance risk - exposure to fines and regulatory sanction is avoided – CUSO takes on the compliance risk CMI partners have no compliance risk - exposure to fines and regulatory sanction is avoided – CUSO takes on the compliance risk CMI partners are able to offer mortgages to customers when liquidity is limited – CMI provides access to the secondary mortgage markets CMI partners are able to offer mortgages to customers when liquidity is limited – CMI provides access to the secondary mortgage markets CMI provided technology provides robust member facing interaction and enhances our partner’s image with their members CMI provided technology provides robust member facing interaction and enhances our partner’s image with their members CMI provides its partners professional marketing and consultation with discounted pricing CMI provides its partners professional marketing and consultation with discounted pricing 19

Questions? 20