WASHINGTON – Mountain America Credit Union continues to be the No.1 credit union SBA 7(a) lender in the country. The $1.5 billion CU approved 297 loans last year totaling more than $11 million, according to SBA data as of Sept. 30, 2005. Member Business Lending, LLC was launched by the CU and includes a mix of equity and non-equity owners. Rounding out the top 10 7(a) CU lenders are America First CU, Coastway CU, Telesis Community CU, BECU, Jordan FCU, Self-Help CU, Greylock FCU, Tooele FCU, and Citizens Community CU. There are now 273 credit unions participating in the 7(a) loan program.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.