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Stephanie Krug Joins Colonial National Mortgage as Account Executive in Greenwood Village, Colorado Office

Fort Worth, Texas, November 5, 2001 -- Colonial Savings today announced that Stephanie D. Krug has joined the company’s wholesale mortgage division, Colonial National Mortgage (formerly Fort Worth Mortgage). In her new position at Colonial National’s Greenwood Village office, Krug will manage account relationships with wholesale mortgage brokers, providing more than 150 different loan programs, underwriting and closing services.

Krug joins Colonial National Mortgage with more than eleven years of sales experience as well as expertise in providing credit, appraisal and title services to lenders nationwide. Most recently, Krug was a National Account Executive with CBC Companies, a provider of flood zone determinations. She also has experience as regional sales manager with GE Capital Residential Connections.

About Colonial Savings and Colonial National Mortgage

Founded in 1952 by James S. DuBose, Fort Worth Mortgage grew to become one of the largest residential lenders in Texas, when in 1972 Mr. DuBose acquired Colonial Savings of Lewisville and relocated it to Fort Worth. Today, Colonial is among the largest servicers of mortgage loans in the United States, with a servicing portfolio of more than $7 Billion. Its primary business channels are all designed to complement the mortgage servicing operation. Fort Worth Mortgage provides retail loan origination services to borrowers, builders and realtors as well as mortgage brokers, while CU Members Mortgage provides turn-key and private label mortgage services to credit unions. Colonial Savings also operates seven depository branches throughout the Dallas-Fort Worth Metroplex with total deposits exceeding $500 million, providing full service banking and consumer loan products. Through its various divisions, the company offers a full array of personal financial products including almost $2 billion in FHA, VA, conventional and innovative single close construction loans annually. The company is also affiliated with Colonial Life Insurance of Texas, Colonial Lloyds and DuBose and Associates Insurance.



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