MILWAUKEE – In the past year, the $860 million Landmark Credit Union has seen its business lending double and is on track to have $30 million of loans on the books by the end of 2004, according to Ron Kase, president and CEO. “We do see tremendous opportunities for us,” declared Kase noting that in 2003 business loans for the state's largest CU totaled $13 million. They currently stand at $26 million, he said. Apart from business loans, Landmark headquartered in suburban New Berlin and with 112,00 members, is looking to grow “our footprint of offices” in nine Wisconsin counties under its expanded field of membership and is also exploring non-member check cashing services in some of its 12 branches. Check cashing, he said, should aid underserved areas in Milwaukee by providing such services at “less cost” than traditional check cashers and payday lenders.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.