Colonial Savings Offers Expedited Tornado Claims Assistance to its Homeowners in Oklahoma and North Central Texas

May 24, 2013, 14:53 ET from Colonial Savings

FORT WORTH, Texas, May 24, 2013 /PRNewswire/ -- Colonial Savings, a national mortgage servicer, has set up expedited insurance claims processing for its customers whose homes were damaged or destroyed by recent tornadoes in Oklahoma and the cities of Cleburne and Granbury in North Central Texas.  The company, which has a residential mortgage office, Colonial National Mortgage, in Oklahoma City, has numerous customers in Moore, Shawnee and other surrounding areas as well many long-time customers in Granbury and Cleburne, Texas, where Colonial has a full service bank branch.  Colonial Savings has mailed Property Insurance Claims packets to affected homeowners.  In addition, it has established dedicated phone lines for Colonial Savings customers affected by the disasters in the event mail delivery is currently not possible.  Representatives may be reached by calling toll free, 800-937-6002, extension 4658, Monday through Friday from 8:00 am to 5:00 pm (CDT).

Colonial Savings President David Motley expressed sincere support for those that experienced losses.  "The tornadoes caused terrible devastation for homeowners, both personally and financially," Motley said.  "In addition to making a corporate donation to the local Red Cross to assist in the relief efforts, Colonial Savings wants to make it as easy as possible for our customers in these areas to begin the recovery process.  We are reaching out to them by telephone and mail, and by establishing a dedicated claims telephone line, we hope to make the process of repairs or rebuilding as stress-free as can be reasonably expected under terrible circumstances."

About Colonial Savings

Founded in 1952, Colonial Savings F.A. is a national, multi-service financial institution headquartered in Fort Worth, Texas, and is one of largest servicers of mortgage loans in the United States, with a portfolio exceeding $20.5 Billion and bank assets of more than $1 Billion.  In addition to the eight depository branches located throughout the DFW area, Colonial Savings operates three mortgage origination divisions:  Colonial National Mortgage, a leading retail lender; CU Members Mortgage, providing a full spectrum of mortgage loan products and services for over 1,100 credit unions across the U.S.; and Community Bankers Mortgage, which provides mortgage services to community banks.  It is also affiliated with Colonial Life Insurance Company of Texas, DuBose & Associates Insurance and First Western Title Company.  The privately held company The privately held company provides a full array of personal financial products and originates more than $3 billion in FHA, VA, conventional and innovative single close construction loans annually. 

For information contact:  
Janet Walter, Senior Vice President, Public Affairs
Colonial Savings


SOURCE Colonial Savings