USA FCU Now Offering Business Services

DETROIT – USA Federal Credit Union recently introduced its lending and deposit services for businesses. “Small business will be our primary market, but we can work with a company in any size range,” USA Federal Vice President of Marketing Darren Cameron said. “Our maximum business loan will be $250,000, with loans currently available to Michigan-based companies. Our deposit services will be available nationwide.” Its business services will be limited to businesses that have been in continuous operation for two or more years. USA Federal will also offer commercial and real estate loans greater than $1 million as well as business lines of credit and VISA business credit cards up to $25,000. Deposit services will include money market and premier money market accounts, certificates of deposit, business checking, and debit cards. Merchant services will encompass payment processing, conversion of customer charges into available cash, and online and telephone-based business account access and services. The $580 million credit union with over 70,000 members is partnering with CU Business Partners, LLC, a business CUSO, to make the services possible.