Two executives have been hired to staff CU Business Capital LLC's newly-launched member business sales division.
Tammy Youst and Fred Eichenberg are the CUSO's new business development officers. Youst has more than 20 years of Small Business Administration loan origination experience. She previously worked at Comerica, Banco Popular and Barnett Bank, which was acquired by Nations Bank and later Bank of America.
Eichenberg brings 20 years of business banking in a number of areas including retail business banking, SBA, real estate and equipment financing.
CU Business Capital's member business sales division was launched to enhance small business lending through the SBA's various loan programs. The division offers financial solutions ranging from new business deposit sales, remote deposit, cash management, new business deposit sales, and business loan origination up to $2 million.