Alliant Credit Union of Chicago’s Member Business Loans grew 24% last year to reach $355.6 million by Dec. 31, accounting for 5.5% of Alliant’s total loans. Alliant’s growth outstripped the national growth rate of 15% in 2016, which NAFCU showed was the fastest since 2008.

Charles Krawitz, who joined Alliant as its vice president of commercial lending in January 2017, responded to questions about its MBL program, which typically makes business loans of $1 million to $20 million on commercial properties across the United States. Alliant ($9.5 billion in assets, 345,193 members) is one of the nation’s 10 largest credit unions.

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Jim DuPlessis

A journalist for decades.

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