BURBANK, Calif.–Farmers Insurance Federal Credit Union (FIGFCU) said it has acquired Community Mortgage Funding (CMF) to enhance the loan experience for its members. 

“This integration is a natural evolution of the credit union’s longstanding partnership with CMF and reflects FIGFCU’s continued commitment to providing trusted, comprehensive, and seamless financial solutions to its members,” the credit union said in a statement. 

The $1.44-billion FIGFCU said the acquisition means continued service with familiar faces, including loan officers; streamlined and unified support, and more.

‘Meaningful Investment’

“This acquisition is more than a strategic business move—it’s a meaningful investment in the financial futures of our members,”  Laura Roberts, VP-residential real estate with FIGFCU, and former CEO of Community Mortgage Funding, said in a statement. “CMF has built an outstanding reputation for service and excellence, values that align perfectly with ours. With this acquisition, we’re better positioned to deliver a truly seamless and supportive home loan experience—one that honors the trust members place in us every day.”