Back to top
Join us on LinkedIn Follow us on Twitter Like us on Facebook Follow us on Instagram
 
  OCTOBER RESEARCH STORE SUBSCRIBE LOG IN
AddControlToContainer_DynamicNavigation1

Utah First Title acquired by credit union

Email A Friend Printer Friendly Version
0 comments
Industry News
Thursday, March 23, 2023

Security Service Federal Credit Union closed on its acquisition of Utah First Title Insurance Agency. According to company leaders, Utah First Title will maintain operations under its current name.

Financial terms for the deal were not disclosed.

An independently owned and operated title agency located just south of Salt Lake City, Utah First Title leaders said they wanted to find the right fit for employees and customers.

“Security Service not only shares our same core values, but their leadership is also making sure our employees and their families are taken care of during the transition and that is important to us,” Mark Schroeppel from Utah First Title said in a release.

Founded in 1956, Security Service is one of the largest credit unions in the nation with 67 locations in Texas, Colorado, and Utah. In addition to providing financial products and services, including insurance and investments, the Credit Union owns subsidiary Security Service Title Co.

“When looking to expand our title services, it only made sense to do so in the areas we currently serve,” Charles Goss, executive vice president and chief lending officer for Security Service, said. “The acquisition of Utah First Title Insurance Agency will allow us to provide title insurance and settlement services for both homeowners and businesses in the Utah market.”

Turk and Co. served as the exclusive investment banker representing Security Service in the transaction. The firm specializes in evaluating, buying and selling title agencies, underwriters and ancillary businesses.

“This is another milestone achievement for our team and highlights our growing practice as financial advisors to institutions who seek title expertise as part of investment banking,” Howard Turk, founder and managing director of Turk and Co., said.

Today's other top stories
Real Title continues expansion
Data privacy experts discuss safety concerns, industry future
WFG mourns passing of regional manager
Landmark Title appoints Arizona unit manager
Brokerage Engine, Payload partner on payment automation


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
CAPTCHA Validation
CAPTCHA
Code:
: 
: 
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 1264 times.

Tweets from @TheTitleReport/lists/around-the-industry
News by Topic   News by Edition   Special Reports   Events   Subscribe
Announcements
Conference Coverage
Cyberawareness
Industry News
Market Data
People on the Move
Technology
Trendsetters
The TRID Journey
 
April 10, 2023
April 24, 2023
May 8, 2023
May 22, 2023
Archives
 
2023 Voice of the Title Agent Report
2023 State of the Industry Report
eClosing Security
Title Technology Report
Real Estate Compliance Outlook
Trendsetters
Archives
 
 
National Settlement Services Summit (NS3)
Women's Leadership Summit (WLS)
Webinars
 
Newsletter Subscriptions
Free Email Updates
Try a Free Edition
  Resources   About   Other Publications  
 
eClosing Solutions Showcase
Best Practices Provider Directory
Industry Partners
 
The Title Report
Contact / Editors
Social Media
Advertise
Are You An Expert?
Subscriber Agreement
 
The Legal Description
RESPA News
Valuation Review
Dodd Frank Upate
 
                 
Copyright © 1999-2023 The Title Report
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.thetitlereport.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> Valuation Review
> RESPA News
> The Legal Description
> Dodd Frank Update
> The October Store


Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
SPECIAL REPORTS
EVENTS
RESOURCES
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
Announcements
Conference Coverage
Cyberawareness
Industry News
Market Data
People on the Move
Technology
Trendsetters
The TRID Journey
Sponsored Content
Nominate a Trendsetter
What is Trendsetters
Current Edition
May 8, 2023
April 24, 2023
April 10, 2023
Archives
2023 Voice of the Title Agent
2023 State of the Industry
eClosing Security
2022 Title Technology Report
Real Estate Compliance Outlook
Best Practices
Attorney State Perspectives
Trendsetters
Archives
Nominate a Trendsetter
What is Trendsetters?
National Settlement
Services Summit (NS3)
Women's Leadership
Summit (WLS)
Webinars
Drive Revenue with eClosings
2023 Economic Forecast Series
Evolving Lender and Title
Relationships
CFPB Unconstitutionally funded?
Manufactured Housing
Evolving Realtor Relationships
CFPB Update
Webinar Archives
Executive Interview Series
eClosing Solutions Showcase
Best Practices Provider Directory
Industry Partners
The Title Report
Contact Us
Social Media
Advertise
Are You An Expert?
Subscriber Agreement