Identifying those credit unions with strategies to aid small businesses and take them into the future is the focus of a new, free CUNA Community Credit Union Committee white paper.
"CU Business Services: Making it Real and Keeping it Safe" is third in a series of four white papers and is written to serve as a guide for credit unions' efforts to pursue the opportunities in business services with a renewed energy and discipline, according to the committee.
"The real future of small business depends on having a vibrant, consistent and disciplined financial infrastructure to support new business creation, growth and ongoing performance," the committee wrote. "With grassroots rising up everywhere, the time certainly may be right for credit unions to step up and become the engaged and vibrant financial partner to small business."
The CUNA Community Credit Union Committee was formed in 2006 to provide support for the growing group of community credit unions through legal, legislative and regulatory needs, education, resources and other information.