DALLAS — Credit Union Resources, Inc., an affiliate of the Texas Credit Union League, has purchased an interest in the Texas Business Lenders Group, a credit union-owned business lending CUSO.

The partnership now enables all Texas credit unions to have the capability to serve their members' needs for commercial loan services without having to add on staff and expertise, according to both groups. Housed under the Credit Union Resources' umbrella are an array of products and services including loans, technology solutions, compliance audits and staffing and operational support. TBLG offers loans for real estate, construction, equipment, inventory, business vehicles, and lines of credit.

"This is a huge benefit to credit unions," said Dick Ensweiler, president/CEO of Credit Union Resources. "There are over 750 thousand small businesses in Texas, many of them owned by credit union members. These are not major corporations. They are 'mom and pop' stores, landscaping businesses, moving companies, real estate agencies, contract programmers, and other firms that may be sole proprietors, or employ two to three other people. Credit unions once again are coming to their member's aid and helping them capture the American dream."

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