In a new attempt to pump up member business lending, the Michigan Credit Union League disclosed last week that one of its processing affiliates has purchased a 10% interest in Michigan Business Connections, an Ann Arbor-based CUSO.
The league said CUCorp and Michigan Business would be "developing a marketing agreement where MBC will utilize CUcorp sales representatives to augment MBC sales and customer support functions."
The goal is to increase the number of Michigan credit unions involved in business lending as well as improve MBL education and training.
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