LATHRUP VILLAGE, Mich. — A long-time member of Michigan FirstCredit Union recently became the financial institution's firstcommercial loan recipient.
|Robert Sneed is using the loan to repair and renovate a 17-unitapartment building in Detroit, according to $475 million MichiganFirst.
|“It was great to be able to go to my credit union,” Sneed said.“Their loan saved us money which will help us improve the housingfor our residents.”
|Michigan First launched its full-line of business servicesearlier in 2007, and has attracted more than 400 businessaccounts.
|“As a cost effective alternative in the marketplace for businesschecking, savings and loans, we are positioned to serve thebusiness owners in the communities we serve across metropolitanDetroit,” said Michael Poulos, president/CEO, Michigan First.
|Bill Beardsley, president/chief lending officer at MichiganBusiness Connection, LC, the CUSO serving Michigan First, said thepartnership with the credit union “will help make a difference” inthe community.
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:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 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.
