SAN BERNARDINO, Calif. -- CoastHills Federal Credit Union has become the latest owner of Member Business Services.
The $580 million CoastHills partnered with the CUSO for its conservative loan platform, emphasis on both loans and deposits and industry reputation, said Jeff York, CEO of CoastHills.
"We offer a complete consumer product line and wealth management services. By adding the business product lines we are now able to meet all of our members' needs," York said.
Members Business Services was launched in 2003 by $1 billion Arrowhead Credit Union to provide business banking services to credit unions. CoastHills joins the CUSO's other owners: USA Federal Credit Union, SCE Federal Credit Union and the California and Nevada Credit Union Leagues.