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New programs at Purdue Federal ensure relationships with business members transcend the transaction.
The Michigan credit union treats microloan borrowers as people, not corporations, and links up with local and state economic developers to go beyond lending.
The Michigan credit union relies on experience and commitment to help small- business owners achieve their dreams.
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These credit unions rallied around the needs of members to uncover hidden potential in the loan portfolio.
Five can't-miss data points this week on CreditUnions.com.
Since 2013, Innovations FCU has worked to serve the full business services needs of its low-income membership. In the wake of Hurricane Michael, the need may be greater than ever.
Commercial loans comprised 6.9% of the total lending portfolio at U.S. credit unions, an increase of 19 basis points from the same time last year.
Twenty-five years in, the Treasury Department program’s roster is dominated by member-owned cooperative financial institutions, who find a precise mission fit.