ANN ARBOR, Mich. — This summer has been a busy one for MichiganBusiness Connection, which was recently chosen to provideunderwriting expertise for the CU Systems Fund.

The business lending CUSO said it will work with CUNA MutualGroup's fund that allow for the purchase of business loans fromcredit unions and the sale of shares in them to other interestedcredit unions. CUNA Mutual created the fund in 2005.

In August, MBC also secured its first servicing acquisition with$793 million Credit Union One's commercial loan portfolio, the CUSOsaid. As Michigan's economy continues to struggle, MBC has reachedout to credit unions and other organizations donating its time andservices. The CUSO and Financial Plus FCU provided financing for anew warehouse facility and waived all closing costs, said WilliamBeardsley, CEO of MBC.

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