Delta Community CU Taps Member Business Solutions to Expand Biz Services Program

ATLANTA – To support its business services program, Delta Community Credit Union has aligned with Member Business Solutions, LLC. The $2.6 billion credit union, which changed its name from Delta Employees Credit Union in early October, said aligning with MBS was the right move. “Our expertise is in consumer and real estate lending, not business lending,” said Todd Marksberry, DCCU senior vice president of operations. “MBS has the experience, expertise, processes and technology necessary to meet our members’ business lending needs. Partnering with them will allow us to significantly reduce our program’s time-to-market.” MBS is jointly owned by Georgia Central CU and Southeast Corporate FCU. According to Amy Fuller, Georgia Central’s senior vice president/COO, the “comprehensive support” of MBS is one of the primary reasons the corporate chose to take an ownership stake in the company. “MBS offers credit unions a business-ready start-up package that allows them to enter the business marketplace quickly and successfully, and at a fraction of the cost of starting a program independently,” Fuller said. “This approach frees credit unions’ resources to focus on their business members, which is consistent with the credit union philosophy.” The CUSO is led by Jim Gallagher, president of MBS, who has a career in commercial banking that spans 20 years. “Because MBS is a corporate-owned CUSO, credit unions can feel secure that we’ve got their best interests in mind throughout the entire process, from launching the program through to the long-term support we provide,” Gallagher said. Delta Community CU says it can offer small businesses with limited financial options a cost-efficient alternative. “As it relates to financial services, options are often times limited [for small businesses], and they have to accept excessive fees and high interest rates that put pressure on their bottom line,” Marksberry said. “Delta believes we can partner with our members by offering a full range of business products, services and solutions that are structured and priced to increase our members’ chance for success.” [email protected]