For its Small Business Administration lending efforts, Langley Federal Credit Union said it was recently named the top credit union in loan production for its district.
Virginia credit union does $1.35 million SBA loan volume for fiscal year ended Sept. 30.
Working capital provider adds Square to payments processing options.
Rate at less than 1% so far this year after two years of 7% growth, analytics firm says.
The SBA said Oct. 29 it supported more than $29 billion in lending to small businesses this fiscal year, making 2013 the third highest in lending activity in the agency's history.
Agency said supported more than $29 billion in lending in fiscal year ended Sept. 30
Utah credit union targets small business members with mobile card processing app.
This Opinion piece emphasizes the personal role that account managers from credit unions need to play to secure the business from small businesses.
Credit unions advised to "step it up a notch or two" to serve small businesses.
Canadian credit union finds most provincial small businesses it surveyed have no hiring plans for next year.