X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

STORY CITY, Iowa — Heartland Pet Hospital and Mobile Practice was able to expand and remodel their facility thanks to a three-prong alliance from Ace Community Credit Union, Community Business Lenders, a CUSO, and an Iowa state program.

Dr. Brenda Bright and Dr. Janice McClatchey Hopkins, the hospital’s two owners, contacted $27 million Ace Community CU last year for a loan. The credit union worked with Community Business Lenders, a CUSO owned by the Iowa Credit Union League, Community Choice CU and MEMBERS1st Community CU, which underwrote, documented and funded the loan. The final round of financing came from the Small Business Linked Investments for Tomorrow or LIFT program, an Iowa State Treasurer’s Office collaborative between financial institutions and borrowers to provide below market interest rates to qualified small business owners.

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?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.