Winston-Salem, N.C. (July 25, 2008) –Truliant Federal Credit Union adheres to the philosophy that any decision the credit union makes must be beneficial to their member-owners; a philosophy that has allowed the them to see continued growth during tough economic times, especially in the mortgage sector.

From January – June 2008 the credit union saw a 39% increase in closed mortgage loans when compared to the same period in 2007. For June, a month that Triad home sales dropped 18% according to the N.C. Association of Realtors, Truliant had an increase of 51% in mortgages closed.

The secret behind Truliant’s growth during the current credit crisis is actually no secret at all. One of Truliant’s many points of differentiation is that the institution did not venture into the subprime lending market which enabled the credit union to put its members into mortgages that fit their lifestyle, and more importantly, mortgages they can actually afford.

“Our mortgage department stays extremely busy,” said Marc Schaefer, President/CEO of Truliant Federal Credit Union. “We take the necessary steps and time to analyze each member’s needs to ensure they understand all of their options and the costs associated with each. By placing this information within the context of all their financial needs we help them purchase a home that they can both enjoy and afford. As a credit union, we are member-owned and pride ourselves on doing what is best for our members.”

“In it for the member” is a phrase frequently heard at Truliant and that message has clearly resonated as they continue to be the trusted financial institution for more than 181,000 member-owners.