Credit Union ONE acquires Icon Mortgage

"By bringing in Icon Mortgage, we've added an amazingly talented team of proven mortgage professionals and the capacity to deliver a truly exceptional mortgage experience for our members. We are confident joining forces with Credit Union ONE is the beginning of something incredible. The growth opportunities this brings to our team, and our partner realtors, are remarkable. We will be busier than ever and expect to start hiring across the state to meet anticipated demand, said Jeremy Hall, CEO of Icon Mortgage."

"The acquisition will allow the credit union to accelerate plans to expand mortgage lending and support homeownership beyond the current communities it serves. Icon Mortgage has a 20-plus-year history of high performance and adds significant experience and lending capacity to the credit union's already successful mortgage lending team. Our strategic vision has been alignment of mortgage lending with our size and geographic reach. This acquisition positions us really well to expand market share and accelerate new membership growth. Together, we will deliver best-in-class mortgage solutions while continuing to prioritize the community-focused values that Credit Union ONE has stood for over 85 years, said Tina Tracy, president and chief operating officer of Credit Union ONE."

Credit Union ONE acquired Icon Mortgage to enhance mortgage lending operations, increase lending capacity, and expand geographic reach across Michigan and six northern Ohio counties. The acquisition adds a 20-plus-year high-performing mortgage firm licensed in Michigan, Florida and Texas, with year-to-date production of $57.89 million and $81.53 million originated in 2024. The combined organization will pursue accelerated market share growth, expanded membership, and broader homeownership support beyond current communities. The integration is expected to increase transaction volume, prompt statewide hiring to meet demand, and strengthen relationships with partner realtors while maintaining community-focused values.

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