SAN BERNARDINO, Calif. — Count Pacific Community Credit Union is among the latest to partner with Member Business Services.
The new alliance will provide Pacific Community members with a "streamlined" loan-approval process for their business line of credit, equipment, acquisition, real estate, and Small Business Administration loan needs, according to the CUSO.
"Small businesses are the backbone of the communities we serve," said Kevin Pendergraft, president/CEO of $180 million Pacific Community. "They supply approximately half of our country's current overall employment and provide at least two out of every three new jobs. Their focus on developing and contributing directly to the community in which they live is a standard Pacific Community feels should be emulated. That's why we have committed to provide these businesses expert financial support on a one-to-one, personal basis to help our communities grow and move forward."
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Formed in 2003, MBS is owned by Arrowhead Credit Union, SCE FCU, CoastHills FCU, California & Nevada Credit Union League, and USA FCU, and serves a total of 18 credit unions.
"As the current economy challenges many of the historical lines of business within the movement such as auto loans, HELOCs, credit card, and mortgages, more credit unions are recognizing the benefits of our comprehensive business loan and deposit program to enhance their [return on assets] and provide new exceptional services to their members," said W.E. Scott Burger, the newly-named president/CEO of MBS. "We are pleased to add Pacific Community to our growing list of credit union clients."
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