PHILADELPHIA — Philadelphia Federal Credit Union is the latest in the industry to become a Small Business Administration lender.
Senior management from the $541 million credit union and officials from SBA's Philadelphia district office recently met to seal the agreement.
“We contacted SBA because we want to help the individuals in our communities realize their dreams of pursuing a business and through our partnership, we believe we can,” said James McAneney, president/CEO of PFCU.
Claire Ippoliti, vice president of lending, said the new lending status will help more PFCU members who are small business owners.
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