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Offering business loans for 85 years, Michigan’s credit unions have been able to do so “in the same prudent and common-sense manner that they have also handled mortgages and personal loans,” Michigan Credit Union League President/CEO David Adams said.

“Small businesses, the lifeblood of job growth in Michigan and the country, are being squeezed from all directions. In the current economic environment, it’s especially tough to get capital, but credit unions are in a unique position to make loans to help small businesses turn things around,” wrote Adams in an April 3 Lansing State Journal op-ed article.

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Peter Westerman

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