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Preston Cites Credit Union SBA Participation Among Highlights

WASHINGTON -- Touting the Small Business Administration's efforts to improve its technology and operating channels as a means to woo lenders back to the agency, Steven Preston recently highlighted credit unions' growing participation.

By Michelle A. Samaad | Updated on June 24, 2008

WASHINGTON — Touting the Small Business Administration’s efforts to improve its technology and operating channels as a means to woo lenders back to the agency, Steven Preston recently highlighted credit unions’ growing participation.

Preston, who previously served as SBA’s administrator, is now the secretary of the Housing and Urban Department. In a June 23 interview with the Washington Business Journal, he discussed his two year tenure at the agency. One of the accomplishments he is most proud of is the number of lenders that are coming back to SBA.

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