Through a unique partnership, Del-One Federal Credit Union was able to provide $1.2 million for school buses this summer.
Mark Ritter has been appointed CEO of Member Business Financial Services, a business lending CUSO owned by 12 credit unions.
Winner will receive up to $25,000 to jump start a new business.
With 28 new credit unions that have signed on this year, CU Business Group said Wednesday that it now serves 405 credit unions in 44 states.
Even in a still-recovering economy, financing may not be that hard to come by if entrepreneurs follow a checklist of items credit unions look for.
Whether Amazon.com’s commercial lending pilot program succeeds will be determined over time and how its underwriting terms stack up against banks, credit unions and others.
Credit unions may have another competitor on the commercial loan front as online retail giant Amazon makes high-stake moves in the business lending space.
A Connecticut credit union won the business of historic Mystic Shipyard. Get the story in this preview from next week's print edition.
The business lending CUSO Michigan Business Connection said it recently reached $250 million in its servicing portfolio.
Agency seeking comment on proposal that would potentially allow 12,900 more firms to become eligible for its loan programs.