Credit unions taking bigger steps in consumer lending.
Many credit unions seek to raise their level of commercial loans. Two of them, one in Ohio and the other in Washington, used slightly different efficiencies to successfully raise their business lending game.
The $4.2 billion, Beavercreek, Ohio-based Wright-Patt Credit Union, which has 356,000 members and 31 branches, mostly in the Dayton area, wanted to digitize the commercial lending process, and focus on growth and serving business members.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
