Kevin Cathcart

The New Britain-based McCue Mortgage Co. recently hired five new mortgage loan representatives to support ongoing growth and broaden the firms reach across Connecticut. The new loan representatives will originate loans and provide marketing for the company’s extensive line of residential mortgage products throughout Connecticut. The new representatives are Wendy Campbell of Berlin, Kevin Cathcart of Waterbury, Matthew Mauro of Uncasville, Meghan Mitchell of Plainville and Nicholas Unsworth of Willington.

“These five professionals have the ingredients that will prove resourceful to homebuyers, especially those who are new to the homebuying process and require more information and focus,” said Jesse Gnazzo, vice president of corporate recruiting and regional sales manager. “We are confident they will provide our customers with the high level of service and support that homebuyers have come to expect from McCue Mortgage.”

Campbell brings more than 20 years of sales, marketing and real estate experience to McCue. Cathcart comes to McCue with a blend of sales and finance experience, having earned his bachelor’s degree in finance and serving in capacities ranging from an auditor for Hudson City Savings Bank to a credit analyst for People’s Bank. As a business relationship manager for OfficeMax selling technology solutions to corporations, Cathcart has extensive sales experience.

Mauro is a graduate of Central Connecticut State University and comes to McCue with a customer service ethic that he developed at Citizen’s Bank. Meghan Mitchell joins the firm with experience in account management, sales and mortgage lending experience. Unsworth is a graduate of the University of Connecticut where he majored in finance. While at UConn, Unsworth also concentrated in sales, earning his professional selling certificate. Prior to joining McCue Mortgage he served as a financial advisor for Northwest Mutual and an executive recruiter and training director for Excel Communications.

1st Security Selects OSI

Mountlake Terrace, Wash.-based 1st Security Bank of Washington has selected Open Solutions Inc.’s (OSI) The Complete Banking Solution, a relational core data processing platform for financial institutions, to address its enterprise-wide data processing needs. Open Solutions is a provider of integrated relational technologies for banks and credit unions across the United States and Canada.

1st Security Bank, founded in 1936 as a credit union and converted to a mutual savings bank in April 2004, has 12 branches and $250 million in assets. After receiving its bank charter, 1st Security needed a provider that would address its evolving customer needs as well as the increased regulatory scrutiny that comes with being a bank.

“The entire industry has experienced an increased level of accountability for data security, regulatory compliance and transaction transparency,” said Greg Coward, vice president of Information Technology and project manager at 1st Security Bank. “We need to access our data and present it quickly and accurately.”

In addition to The Complete Banking Solution, 1st Security will implement Open Solutions’ Loan Origination Systems (consumer and mortgage); Report Wizard; Asset Collections Management; Real-time ATM; and the Financial Accounting Suite (general ledger, accounts payable and fixed assets).

“We reviewed other vendors and their solutions; however, the internal team at the bank preferred the Open Solutions platform,” Coward said. “We liked the open architecture, front-end interface, advanced collections systems, reporting capabilities and in-house perspective.”