ODENVILLE, Ala. — Two days before Christmas in 2007, Glenn and Sara Sasser’s plans were obliterated like an unsuspecting step on a hidden land mine.
After losing his wife, Glenn Sasser created a thriving new business with the help of his local credit union, and none from the banks.
Small business services and products to be targeted toward small to mid-size businesses across the state.
The $129 million credit union in Defiance, Ohio turned to marketing agency to help overhaul website to play up the new offerings.
With the Occupy Wall Street movement recently crossing the one month mark, it remains to be seen if any of the protestors’ list of frustrations will be addressed and acted on.
The first 90 days after a new member signs on have taken on new meaning as the industry continues to experience slowed membership growth.
Even during the darkest days of the recession, Terri Salstrom, president/CEO of the $137 million Industrial Credit Union, always had big dreams for her cooperative.
The pace of small business growth has been unprecedented over the past few years. Small businesses employ nearly half of the U.S. private payroll, accounting for nearly two-thirds of job growth since 1993.
The member looking for a $30,000 line of credit or financing for a delivery truck–that’s the kind of small business owner Cross Valley FCU is actively courting.
The $950 million Elevations Credit Union has hired Jay Champion, the former CEO at Texans Commercial Capital LLC, to lead a business lending and services initiative.