EMB Signs Deal With O.C. Credit Union

COSTA MESA — EMB Corp., owner of Electronic Mortgage Banc Ltd., said Tuesday that it has signed a contract to become exclusive mortgage loan originator for Orange County Federal Credit Union.

The Santa Ana-based credit union has more than 45,000 members and eight branch offices in Southern California.

Electronic Mortgage Banc, headquartered in Costa Mesa, uses proprietary software to process loan applications and to select mortgage loan programs for its clients from among those offered by scores of lenders including its parent.