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From the November-15, 2006 issue of Credit Union Times Magazine • Subscribe!

Cooperative Business Services Opens First Satellite Office

CINCINNATI -- To further extend its business lending reach, credit union-owned Cooperative Business Services, LLC has opened its first satellite office in Westerville, Ohio.

Launched in August 2003, CBS is owned by the Ohio Credit Union League's OCUL Services Corp. and eight credit unions and has 14 subscribers. The CUSO provides member business lending solutions including analysis, underwriting, servicing, documentation preparation, pricing, education, training, and strategic planning.

CBS' owners are $154 million AurGroup Credit Union, $132 million Chaco Credit Union, $66 million CODE Credit Union, $140 million Day Air Credit Union, $335 million Kemba Financial Credit Union, $198 million MidFirst Credit Union, $128 million River Valley Credit Union, $1.1 billion Wright-Patt Credit Union and OCUL Services Corp.

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