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A New Repeatable, Scalable Program for AVANA CUSO 

This structure opens a broader path for credit union partners to bring their own originations to the network, with AVANA CUSO supporting the back-end process from documentation through ongoing servicing — and capturing program revenue on each transaction we facilitate. 

How the Deal Came Together 

Redwood Credit Union led origination and underwriting from start to finish on their platform. AVANA CUSO came in on the back end to handle loan documentation, coordinate closing, and prepare the loan for reallocation into our network — where we will also carry the servicing relationship going forward. 

The collaboration was a clear demonstration of what a well-defined partnership looks like in practice: each party executing within their lane, with the borrower experience staying front and center throughout. 

What This Means for the Program 

This is more than a single transaction. It establishes a replicable model for how AVANA CUSO and credit union partners can work together in a new way — one where the credit union originates and underwrites on their own platform, and AVANA CUSO handles the infrastructure: loan documents, closing coordination, network reallocation, and servicing. Both parties bring what they do best. 

This is a new chapter for how we work with credit union partners — and we’re just getting started.