The pace of small business growth has been unprecedented over the past few years. Small businesses employ nearly half of the U.S. private payroll, accounting for nearly two-thirds of job growth since 1993.
The member looking for a $30,000 line of credit or financing for a delivery truck–that’s the kind of small business owner Cross Valley FCU is actively courting.
The $950 million Elevations Credit Union has hired Jay Champion, the former CEO at Texans Commercial Capital LLC, to lead a business lending and services initiative.
The National Institutes of Health Federal Credit Union has expanded its business services program with an eye on courting its growing health care and biomedical membership.
A new CUNA Operations, Sales and Service Council white paper explores why business services may be more important now as some credit unions experience less demand for loans.
After learning that 15% of its small business members were denied a loan to keep their operations running, Sam's Club launched a national pilot program that would make capital available to them.
The $80 million Shreveport Federal Credit Union, a member of the National Federation of Community Development Credit Unions,
The $80 million Shreveport Federal Credit Union and the National Federation of Community Development Credit Unions said the credit union is apparently close to winning NCUA approval to merge the $5 million First Delta FCU of Marks, Miss.
There has been a lot to celebrate at Latino Community Credit Union.