News

CHATSWORTH, Calif. - Telesis Community Credit Union is considered by many in the industry to be one of the veterans of business lending. The $576 million CU recently provided a snapshot to House Small Business Committee's Tax, Finance and Exports Subcommittee on the types of SBA 7(a) loans it has...

ATLANTA - Delta Community Credit Union knew the demand for business services was there. In addition to numerous requests from members over the years to offer business loans and deposit services, the $2.5 billion CU did its own research and found that there were at least a couple thousand members...

WICHITA, Kan.- Kansas credit unions have another option to consider when it comes to member business services. Kansas Corporate Credit Union and the Kansas Credit Union Association have partnered with CU Business Group, LLC to bring an array of business services to the state's credit unions. The partnership aims to...

WASHINGTON - For some small businesses, a line of credit is a sure backup for a number of unexpected scenarios. Credit unions continue to offer them along with a package of other business services that include business loans, deposit services and merchant processing among others. As of Dec. 31, 2005,...

WASHINGTON-Credit unions looking to differentiate from their competitors in the business lending arena, might want to consider deposit services first, according to Callahan & Associates, Inc. The firm will host a Webinar at 2:00 p.m. EST April 12 on the subject. Topics discussed will include business checking and savings accounts,...

WASHINGTON - The numbers are mind boggling. When it comes to the total dollar amount of business loan portfolios at some of the larger banks, credit unions are nowhere near being a threat. American Banker recently ranked the l50 banks with the largest business loan portfolios. Citigroup Inc. topped the...