Firstar Bank has reached an agreement to acquire the assets of local mortgage firm Leader Mortgage in order to expand the scope of its mortgage lending services through one full-service organization.
Through this partnership, Firstar Bank customers, as well as the general public, will have access to an expanded range of mortgage lending services including home purchase loans, mortgage refinances, remodeling loans, home construction loans, and investment property loans.
“Leader Mortgage has an exceptional reputation of offering home loans in this area for two decades," said Bank Chairman Mike Leonard. "This partnership will allow Firstar Bank to serve more mortgage clients with experienced lenders who will provide the hometown service our customers expect and deserve.”
Firstar’s existing mortgage department has 16 individuals who process over $60 million in mortgage loans annually. By associating with Leader Mortgage, Firstar Bank, 510 N. Main St., gains an additional staff of seasoned mortgage professionals as well as a Coweta mortgage lending office to help handle the increasing demand.
“The staff of Leader Mortgage will continue to provide outstanding service backed by the strength and experience of Muskogee’s largest local bank," Leonard said. "This partnership brings many benefits including the addition of several tenured mortgage lenders.”
Kathy Flusche joins the bank with 30 years of mortgage lending experience. She will work closely with real estate agents and borrowers to ensure expedient loan processing. Flusche holds a bachelor’s degree from Northeastern State University and is a member of their Athletic Hall of Fame.
"Our mission will continue to be to provide clients with the personalized attention that they typically won't receive from larger banks," Flusche said. 'We endeavor to help clients achieve their homeownership dreams through tailored lending that suits each person's individual needs.”
An avid community supporter, Flusche has participated in numerous organizations including the United Way, Muskogee Chamber, Real Estate Professionals, and National Association of Professional Mortgage Women. She has been named Best Loan Officer in the Muskogee Phoenix Readers’ Choice Awards multiple times.
Teri Edge will serve as a vice president and mortgage lender. She has been employed by Leader Mortgage for the past 20 years and was a banker for 10 years prior. She is a member of the Real Estate Professionals and National Association of Professional Mortgage Women. A Muskogee resident for 40 years, Edge is married and has a grown daughter.
A Muskogee native, Karen Davis will continue to serve as a Mortgage Lender in the Coweta office. With 25 years in banking and mortgage lending, Davis was with Leader Mortgage for four years prior to joining Firstar Bank.
Firstar Bank holds over half a billion dollars in assets with offices in six communities. The mortgage department will be open daily from 8:30 a.m.-5 p.m.