CUSO Home Lending Elevates Michael Osborne to Senior Leadership


Michael Osborne

Lori Michaud, President & CEO of CUSO Home Lending, recently announced the promotion of Michael Osborne to the organization’s senior leadership team. With a distinguished career in finance spanning across diverse industries, he brings a wealth of experience and strategic thinking to the team.

Osborne assumed the role of Vice President of Finance earlier this year. Having seamlessly integrated into the company’s financial operations, Osborne has quickly become integral to CUSO Home Lending. His astute financial leadership has played a pivotal role in driving the organization toward its goals, showcasing not only a deep understanding of financial intricacies but also a keen sense of strategic vision.

As Vice President of Finance, Osborne has demonstrated exceptional dedication and contributed significantly to the stability of CUSO Home Lending. His ability to navigate the financial landscape and provide strategic insights positions him as a key asset to its senior leadership team.

“We are thrilled to recognize Michael’s outstanding contributions to our organization,” said Michaud, expressing confidence in Osborne’s ability to continue making a positive impact in his elevated role.

Osborne lives in Bangor with his wife Juliette and their four children. He enjoys spending time with his family, gardening, hunting, and hiking in the great Maine outdoors.

“I’m excited to be part of an organization like CUSO Home Lending and look forward to helping the company grow, meet new and emerging challenges, and succeed in serving credit unions’ needs and their membership with housing goals,” said Osborne.

Additional CUSO Home Lending News

CUSO Home Lending has made Empower LOS, a cloud-based loan origination system from Dark Matter Technologies (Dark Matter), available to its credit union owners. CUSO Home Lending is the first credit union service organization to leverage Empower’s newly developed joint-venture feature, which allows credit unions to offer individualized branding, products, and pricing while taking advantage of the efficiency and cost savings of their CUSO’s shared services model. Four of its owner credit unions will use Empower to originate mortgage loans.

“Technology has become a central focus of our business strategy because of the value it drives for our credit union owners and partners, and the superior mortgage experience it enables us to deliver to consumers,” shared Michaud. “We evaluated a lot of potential origination technologies, and Dark Matter’s Empower LOS stood out for its highly advanced automation, the knowledge of its staff and its ability to individualize our credit unions’ sites with their own branding, products, and pricing.”