DALLAS — In a move that aims to further reach the growing number of member-owned small businesses in Texas, 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.
Credit Union Resources purchased 25% of the board seat representation, according to Rick Grady, TCUL vice president, marketing and public relations.
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 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.
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