CTOs on the Move

State Bank

www.statebank.net

 
State Bank is a Winfield, AL-based company in the Financial Services sector.
  • Number of Employees: 100-250
  • Annual Revenue: $50-100 Million

Executives

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CMG Financial

CMG Financial is a mortgage bank founded in 1993 by Christopher M. George, located in San Ramon, California. The company operates nationwide and is approved by major housing finance agencies such as FNMA, FHLMC, and GNMA. CMG Financial offers three main origination channels: retail lending through CMG Home Loans, wholesale lending, and correspondent lending for institutional partners. The company is known for its innovative mortgage solutions, including the Home Ownership Acceleratorâ„¢ loan, which helps borrowers manage debt with biweekly payments, and the HomeFundItâ„¢ platform, which provides crowdfunding-enabled down payment assistance. CMG Financial has expanded its operations through recent acquisitions, including HomeBridge Financial Services retail division and Norcom Mortgages retail operations, as well as forming joint ventures with builders and realtors. CMG Financial focuses on making homeownership accessible, particularly for first-time buyers. The company serves both individual borrowers and institutional partners, maintaining a strong position in the mortgage market with a significant mortgage servicing rights portfolio.