C.B.M.S. Launches Market Expansion Plan in Midwest

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Subsidiary of Credit Bureau of Muscatine, Iowa Expands Client Service Regions, Leveraging Innovative Loan Support Pro Product for Online Client Resources

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LSP is a very innovative solution---and when combined with our business and client service model, provides lenders an extremely efficient, complete and cost-effective solution for their loan qualifying needs.

John Miller, President of C.B.M.S., a wholly-owned subsidiary of the Credit Bureau of Muscatine (Iowa) Inc., announced today the company is expanding into additional markets in the Midwest by offering their innovative, secure web platform Loan Support Pro (LSP) to lending institution clients in these new areas. Expansion will be targeted initially in South Central, North Central, Southeast and Western Iowa---followed by further expansion into select markets in Missouri, Illinois, Nebraska, Wisconsin, Minnesota and Kansas.

C.B.M.S. serves over 300 clients including national based lenders. However, CBMS is primarily focused regionally in Eastern and Central Iowa and Western Illinois. This expansion plan will extend the company’s services to additional parts of Iowa and then to targeted markets across the Midwest. Eventually, the company plans to expand even further into additional markets outside the core Midwest. This expansion will occur within the next five years.

C.B.M.S. offers a wide set of service solutions for banks, credit unions, and other institutional lenders to help achieve compliancy and cost savings. Products are offered through a secure, innovative, online, self-serve web portal platform called Loan Support Pro (LSP). LSP serves the Consumer, First Mortgage, Commercial and Ag lending division for lenders by providing real-time access to a full range of Title Search products, Automated Valuation Model Reports (AVM’s), Property Condition Reports (PCR), Environments Reports, IRS Income Tax Verification Services, Nationwide Flood Determinations and a complete array of Appraisals solutions. The company prides itself in creating a culture of trust and honesty, and operates under a high degree of ethics and integrity driven by core family and Christian values. Success has been achieved through mutual trust and long-lasting client relationships across the Midwest.

“Our success to-date with our clients, and the feedback on Loan Support Pro, suggests we can effectively serve these additional markets well, and provide a true value-added service to lending institutions in those areas,” said John Miller. “LSP is a very innovative solution---and when combined with our business and client service model, provides lenders an extremely efficient, complete and cost-effective solution for their loan qualifying needs. We are excited to expand our coverage and bring LSP to these new clients,” said Mr. Miller.

The first phase of C.B.M.S. expansion in 2013 will be focused on Central Iowa (Polk County/Des Moines), Southeast Iowa (Burlington), and Western Iowa (Council Bluffs/Sioux City). Additional markets outside of Iowa are expected to launch in early 2014. Loan Support Pro is available now for lending clients in these new markets. More information on C.B.M.S. and Loan Support Pro can be found by visiting the company website at http://www.cbmsonline.com or calling 1-888-471-4631.

About C.B.M.S
C.B.M.S. is a wholly owned subsidiary of the Credit Bureau of Muscatine, Inc., founded in 1990 in Muscatine, Iowa. The firm was established to identify, create and offer products that would fulfill the growing needs of financial institutions served by the Credit Union. This approach has allowed CBMS to expand and serve over 300 local, regional and national clients---with aggressive plans now in motion to further expand our presence in select markets across the country.

Media Contact:
Greg Crosby
NextGen Marketing Group/PR Support
(877) 569-8436 or 319-887-5665
greg.crosby(at)nextgenmktg(dot)com

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