HENDERSON, N.V. — When two former bankers approached Ensign Federal Credit Union late last year about forming a business lending CUSO, CEO Diane Whitaker admits she was more than skeptical.The $134 million Ensign was in the midst of a national search to partner with a business lending CUSO when David Osburn and Mark Moody of North Star Business Services made contact. Launched in January, the CUSO offers originating, underwriting, documenting and servicing of commercial real estate loans and equipment loan financing.

“It was a big concern,” Whitaker recalled. “I was afraid there would be competition. I thought they would cherry pick loans and give the ‘good’ loans to the banks.”

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